Short Interest in ProShares Large Cap Core Plus (BATS:CSM) Rises By 528.0%

ProShares Large Cap Core Plus (BATS:CSM) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 942 shares, a growth of 528.0% from the August 15th total of 150 shares. Based on an average trading volume of 4,287 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

ProShares Large Cap Core Plus Stock Up 0.7%

Shares of CSM opened at $87.95 on Friday. ProShares Large Cap Core Plus has a twelve month low of $72.79 and a twelve month high of $90.27. The stock has a market cap of $556.72 million, a PE ratio of 20.56 and a beta of 1.02. The business’s 50-day moving average price is $87.52 and its 200-day moving average price is $83.57.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new stake in ProShares Large Cap Core Plus in the second quarter valued at approximately $26,000. Integrated Wealth Concepts LLC purchased a new position in ProShares Large Cap Core Plus in the 2nd quarter worth approximately $124,000. Sequent Planning LLC purchased a new position in ProShares Large Cap Core Plus in the 4th quarter worth approximately $212,000. Fifth Third Bancorp increased its holdings in shares of ProShares Large Cap Core Plus by 818.1% in the 1st quarter. Fifth Third Bancorp now owns 2,846 shares of the company’s stock worth $213,000 after buying an additional 2,536 shares during the last quarter. Finally, RDA Financial Network bought a new position in shares of ProShares Large Cap Core Plus in the 2nd quarter worth $217,000.

ProShares Large Cap Core Plus Company Profile

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. CSM was launched on Jul 14, 2009 and is managed by ProShares.