ProShares Inflation Expectations ETF (NYSEARCA:RINF) Short Interest Update

ProShares Inflation Expectations ETF (NYSEARCA:RINF) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 384 shares, a decrease of 71.5% from the January 29th total of 1,349 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 3,864 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 3,864 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

ProShares Inflation Expectations ETF Stock Performance

Shares of RINF traded up $0.01 during mid-day trading on Thursday, reaching $31.99. 1,188 shares of the company’s stock were exchanged, compared to its average volume of 3,105. The business’s fifty day simple moving average is $32.23 and its 200-day simple moving average is $32.42. ProShares Inflation Expectations ETF has a 52-week low of $31.53 and a 52-week high of $33.35.

Hedge Funds Weigh In On ProShares Inflation Expectations ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of RINF. Jane Street Group LLC increased its position in shares of ProShares Inflation Expectations ETF by 155.1% in the fourth quarter. Jane Street Group LLC now owns 21,552 shares of the company’s stock valued at $694,000 after buying an additional 13,103 shares in the last quarter. Bank of America Corp DE acquired a new stake in ProShares Inflation Expectations ETF in the 4th quarter valued at about $54,000. Cornerstone Planning Group LLC grew its stake in ProShares Inflation Expectations ETF by 467.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,418 shares of the company’s stock valued at $46,000 after acquiring an additional 1,168 shares during the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new position in ProShares Inflation Expectations ETF during the 3rd quarter valued at about $227,000.

About ProShares Inflation Expectations ETF

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.