ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Short Interest Up 47.1% in December

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 97,321 shares, an increase of 47.1% from the December 15th total of 66,139 shares. Based on an average daily volume of 956,680 shares, the days-to-cover ratio is presently 0.1 days. Approximately 5.1% of the shares of the stock are short sold. Approximately 5.1% of the shares of the stock are short sold. Based on an average daily volume of 956,680 shares, the days-to-cover ratio is presently 0.1 days.

ProShares UltraPro Short Russell 2000 Trading Down 0.1%

SRTY stock traded down $0.04 during trading on Friday, hitting $33.82. The stock had a trading volume of 1,649,058 shares, compared to its average volume of 1,445,251. ProShares UltraPro Short Russell 2000 has a twelve month low of $33.25 and a twelve month high of $149.08. The company’s 50-day moving average price is $41.96 and its two-hundred day moving average price is $49.29.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Group One Trading LLC grew its holdings in shares of ProShares UltraPro Short Russell 2000 by 278.0% during the third quarter. Group One Trading LLC now owns 5,828 shares of the exchange traded fund’s stock worth $69,000 after buying an additional 4,286 shares in the last quarter. JPMorgan Chase & Co. boosted its position in ProShares UltraPro Short Russell 2000 by 495.3% during the second quarter. JPMorgan Chase & Co. now owns 6,608 shares of the exchange traded fund’s stock worth $113,000 after acquiring an additional 5,498 shares during the last quarter. Qube Research & Technologies Ltd boosted its position in ProShares UltraPro Short Russell 2000 by 3,171.7% during the second quarter. Qube Research & Technologies Ltd now owns 8,670 shares of the exchange traded fund’s stock worth $148,000 after acquiring an additional 8,405 shares during the last quarter. StoneX Group Inc. purchased a new stake in ProShares UltraPro Short Russell 2000 during the 2nd quarter valued at about $173,000. Finally, Flow Traders U.S. LLC acquired a new stake in ProShares UltraPro Short Russell 2000 in the 2nd quarter valued at about $347,000.

About ProShares UltraPro Short Russell 2000

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index. The investment advisor of the Fund is ProShare Advisors LLC (ProShare Advisors).