ProShares Large Cap Core Plus (BATS:CSM) Sees Significant Increase in Short Interest

ProShares Large Cap Core Plus (BATS:CSM) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 8,411 shares, a growth of 49,376.5% from the May 31st total of 17 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 8,035 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On ProShares Large Cap Core Plus

A number of institutional investors have recently bought and sold shares of CSM. Fifth Third Bancorp purchased a new stake in shares of ProShares Large Cap Core Plus in the 4th quarter valued at $25,000. JPMorgan Chase & Co. purchased a new position in shares of ProShares Large Cap Core Plus during the second quarter worth $26,000. Sequent Planning LLC purchased a new position in shares of ProShares Large Cap Core Plus during the fourth quarter worth $212,000. Stratos Wealth Partners LTD. acquired a new position in ProShares Large Cap Core Plus during the fourth quarter valued at $243,000. Finally, Two Sigma Investments LP acquired a new position in ProShares Large Cap Core Plus during the third quarter valued at $276,000.

ProShares Large Cap Core Plus Stock Down 0.4%

Shares of BATS:CSM traded down $0.36 during trading on Thursday, hitting $83.72. The stock had a trading volume of 11,354 shares, compared to its average volume of 7,753. ProShares Large Cap Core Plus has a 12-month low of $69.32 and a 12-month high of $87.60. The stock has a market capitalization of $529.95 million, a price-to-earnings ratio of 20.56 and a beta of 1.02. The stock has a 50-day simple moving average of $84.21 and a two-hundred day simple moving average of $80.58.

ProShares Large Cap Core Plus Company Profile

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. CSM was launched on Jul 14, 2009 and is managed by ProShares.