ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Update

ProShares UltraShort Semiconductors (NYSEARCA:SSG) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 21,152 shares, a decline of 56.9% from the July 15th total of 49,055 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 911,233 shares, the days-to-cover ratio is currently 0.0 days.

ProShares UltraShort Semiconductors Trading Up 1.3%

Shares of SSG stock traded up $0.15 during trading hours on Friday, hitting $11.37. The company had a trading volume of 250,035 shares, compared to its average volume of 525,867. ProShares UltraShort Semiconductors has a 12 month low of $10.91 and a 12 month high of $47.75. The firm’s fifty day moving average is $12.69 and its 200 day moving average is $19.42.

Institutional Trading of ProShares UltraShort Semiconductors

A hedge fund recently raised its position in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP raised its stake in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 94.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,064 shares of the company’s stock after acquiring an additional 10,257 shares during the quarter. Susquehanna International Group LLP owned approximately 1.24% of ProShares UltraShort Semiconductors worth $195,000 as of its most recent filing with the SEC.

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.