ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Sees Significant Growth in Short Interest

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 7,068 shares, an increase of 1,016.6% from the July 30th total of 633 shares. Based on an average daily trading volume, of 7,684 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the company’s stock are short sold.

ProShares S&P Technology Dividend Aristocrats ETF Stock Performance

Shares of BATS TDV opened at $102.35 on Thursday. ProShares S&P Technology Dividend Aristocrats ETF has a fifty-two week low of $81.52 and a fifty-two week high of $106.70. The company has a market cap of $314.21 million, a PE ratio of 28.94 and a beta of 1.08. The business has a 50-day simple moving average of $100.73 and a two-hundred day simple moving average of $95.88.

Institutional Trading of ProShares S&P Technology Dividend Aristocrats ETF

A number of institutional investors have recently bought and sold shares of TDV. NewEdge Advisors LLC increased its stake in ProShares S&P Technology Dividend Aristocrats ETF by 231.8% during the 3rd quarter. NewEdge Advisors LLC now owns 28,610 shares of the company’s stock valued at $2,475,000 after purchasing an additional 19,988 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter worth $131,000. Coston McIsaac & Partners grew its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 20.2% during the fourth quarter. Coston McIsaac & Partners now owns 32,720 shares of the company’s stock valued at $2,832,000 after buying an additional 5,510 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 8.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock valued at $894,000 after buying an additional 815 shares during the last quarter. Finally, Rossby Financial LCC acquired a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF in the 4th quarter valued at $427,000.

About ProShares S&P Technology Dividend Aristocrats ETF

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.