ProShares Short Real Estate (NYSEARCA:REK) Short Interest Down 26.3% in December

ProShares Short Real Estate (NYSEARCA:REK) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 10,554 shares, a decline of 26.3% from the November 30th total of 14,329 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average trading volume of 4,206 shares, the days-to-cover ratio is presently 2.5 days. Based on an average trading volume of 4,206 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.6% of the company’s shares are sold short.

Institutional Trading of ProShares Short Real Estate

An institutional investor recently bought a new position in ProShares Short Real Estate stock. Susquehanna International Group LLP acquired a new stake in ProShares Short Real Estate (NYSEARCA:REK) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 15,963 shares of the company’s stock, valued at approximately $264,000. Susquehanna International Group LLP owned about 2.42% of ProShares Short Real Estate as of its most recent filing with the Securities and Exchange Commission.

ProShares Short Real Estate Stock Down 0.2%

Shares of NYSEARCA REK traded down $0.04 during midday trading on Tuesday, reaching $17.05. 3,066 shares of the stock were exchanged, compared to its average volume of 11,690. ProShares Short Real Estate has a twelve month low of $16.35 and a twelve month high of $19.61. The company has a 50 day simple moving average of $17.13 and a 200 day simple moving average of $16.93.

ProShares Short Real Estate Company Profile

ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.