Short Interest in ProShares Short Dow30 (NYSEARCA:DOG) Grows By 93.5%

ProShares Short Dow30 (NYSEARCA:DOG) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 143,504 shares, an increase of 93.5% from the May 31st total of 74,172 shares. Based on an average daily trading volume, of 2,600,041 shares, the days-to-cover ratio is currently 0.1 days. Currently, 2.9% of the company’s shares are short sold.

ProShares Short Dow30 Trading Down 1.0%

NYSEARCA DOG traded down $0.22 during trading hours on Thursday, hitting $21.43. The company’s stock had a trading volume of 1,677,199 shares, compared to its average volume of 4,539,653. The stock has a fifty day moving average of $22.49 and a 200 day moving average of $23.11. ProShares Short Dow30 has a twelve month low of $21.41 and a twelve month high of $26.06.

Institutional Trading of ProShares Short Dow30

Several institutional investors and hedge funds have recently made changes to their positions in DOG. Kestra Advisory Services LLC bought a new position in shares of ProShares Short Dow30 in the 4th quarter worth $27,000. JPMorgan Chase & Co. increased its holdings in ProShares Short Dow30 by 11,700.0% in the second quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after purchasing an additional 1,170 shares during the last quarter. Headlands Technologies LLC bought a new stake in ProShares Short Dow30 in the second quarter valued at about $33,000. Group One Trading LLC lifted its stake in ProShares Short Dow30 by 3,260.9% in the first quarter. Group One Trading LLC now owns 1,546 shares of the company’s stock valued at $38,000 after buying an additional 1,500 shares during the period. Finally, Hedges Asset Management LLC lifted its stake in ProShares Short Dow30 by 8.6% in the fourth quarter. Hedges Asset Management LLC now owns 37,450 shares of the company’s stock valued at $880,000 after buying an additional 2,950 shares during the period.

ProShares Short Dow30 Company Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.