ProShares Short Russell2000 (NYSEARCA:RWM) Short Interest Update

ProShares Short Russell2000 (NYSEARCA:RWM) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 592,444 shares, a growth of 71.9% from the May 14th total of 344,629 shares. Based on an average daily trading volume, of 16,715,233 shares, the short-interest ratio is currently 0.0 days. Currently, 6.0% of the shares of the stock are short sold.

ProShares Short Russell2000 Stock Performance

Shares of NYSEARCA:RWM traded down $0.15 on Wednesday, reaching $13.65. The company’s stock had a trading volume of 5,709,032 shares, compared to its average volume of 22,265,008. ProShares Short Russell2000 has a 52-week low of $13.52 and a 52-week high of $19.85. The company has a 50-day simple moving average of $14.46 and a 200 day simple moving average of $15.35.

Institutional Investors Weigh In On ProShares Short Russell2000

Several institutional investors have recently made changes to their positions in the company. Group One Trading LLC lifted its holdings in shares of ProShares Short Russell2000 by 74.7% in the 2nd quarter. Group One Trading LLC now owns 2,970 shares of the company’s stock worth $56,000 after acquiring an additional 1,270 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in shares of ProShares Short Russell2000 by 49.7% during the 4th quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock worth $251,000 after acquiring an additional 5,092 shares during the last quarter. Per Stirling Capital Management LLC. lifted its stake in shares of ProShares Short Russell2000 by 13.1% during the 3rd quarter. Per Stirling Capital Management LLC. now owns 91,900 shares of the company’s stock worth $1,543,000 after acquiring an additional 10,613 shares during the last quarter. Total Wealth Planning & Management Inc. bought a new stake in shares of ProShares Short Russell2000 during the 4th quarter worth approximately $241,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of ProShares Short Russell2000 during the 2nd quarter worth approximately $302,000.

ProShares Short Russell2000 Company Profile

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.