ProShares Short S&P 500 (NYSEARCA:SH) Short Interest Update

ProShares Short S&P 500 (NYSEARCA:SH) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 948,102 shares, a decrease of 51.0% from the July 15th total of 1,933,768 shares. Currently, 3.4% of the company’s shares are short sold. Based on an average trading volume of 8,129,784 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of ProShares Short S&P 500

Hedge funds and other institutional investors have recently modified their holdings of the business. Stack Financial Management Inc acquired a new position in ProShares Short S&P 500 in the fourth quarter valued at about $90,286,000. UBS Group AG increased its position in shares of ProShares Short S&P 500 by 167.7% during the third quarter. UBS Group AG now owns 1,639,335 shares of the real estate investment trust’s stock valued at $60,590,000 after acquiring an additional 1,026,917 shares during the last quarter. Three Seasons Wealth LLC acquired a new stake in shares of ProShares Short S&P 500 during the first quarter valued at about $20,507,000. Focus Partners Wealth increased its position in shares of ProShares Short S&P 500 by 3.2% during the fourth quarter. Focus Partners Wealth now owns 407,260 shares of the real estate investment trust’s stock valued at $14,674,000 after acquiring an additional 12,658 shares during the last quarter. Finally, Arlington Capital Management Inc. purchased a new stake in shares of ProShares Short S&P 500 in the 3rd quarter valued at approximately $12,257,000.

ProShares Short S&P 500 Price Performance

SH stock traded up $0.15 during midday trading on Monday, hitting $32.13. 3,678,689 shares of the company’s stock were exchanged, compared to its average volume of 10,240,221. ProShares Short S&P 500 has a 1-year low of $31.83 and a 1-year high of $39.20. The business has a 50-day simple moving average of $33.08 and a two-hundred day simple moving average of $34.68.

About ProShares Short S&P 500

ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts. 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.