ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Up 75.0% in June

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 34,826 shares, a growth of 75.0% from the May 31st total of 19,898 shares. Approximately 2.0% of the company’s shares are sold short. Based on an average daily volume of 1,370,460 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of ProShares UltraShort Semiconductors

A hedge fund recently raised its stake in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP boosted its holdings in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 94.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,064 shares of the company’s stock after purchasing an additional 10,257 shares during the period. Susquehanna International Group LLP owned about 1.24% of ProShares UltraShort Semiconductors worth $195,000 at the end of the most recent reporting period.

ProShares UltraShort Semiconductors Price Performance

Shares of SSG opened at $12.57 on Thursday. ProShares UltraShort Semiconductors has a twelve month low of $10.91 and a twelve month high of $52.48. The firm has a fifty day simple moving average of $14.09 and a two-hundred day simple moving average of $23.26.

About ProShares UltraShort Semiconductors

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.