Short Interest in ProShares Short Dow30 (NYSEARCA:DOG) Declines By 50.3%

ProShares Short Dow30 (NYSEARCA:DOGGet Free Report) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 64,795 shares, a drop of 50.3% from the February 12th total of 130,433 shares. Based on an average daily volume of 4,934,176 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.2% of the shares of the company are short sold. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 4,934,176 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DOG. Kestra Advisory Services LLC bought a new stake in shares of ProShares Short Dow30 during the fourth quarter valued at about $27,000. JPMorgan Chase & Co. grew its position in ProShares Short Dow30 by 11,700.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after buying an additional 1,170 shares in the last quarter. Headlands Technologies LLC acquired a new position in ProShares Short Dow30 during the 2nd quarter valued at about $33,000. BNP Paribas Financial Markets bought a new stake in shares of ProShares Short Dow30 during the 3rd quarter worth about $74,000. Finally, Graves Light Lenhart Wealth Inc. bought a new stake in shares of ProShares Short Dow30 during the 4th quarter worth about $337,000.

ProShares Short Dow30 Stock Performance

DOG stock traded up $0.07 on Friday, reaching $24.39. The company’s stock had a trading volume of 12,224,744 shares, compared to its average volume of 6,381,213. ProShares Short Dow30 has a 52 week low of $22.43 and a 52 week high of $30.81. The firm has a fifty day moving average of $23.11 and a two-hundred day moving average of $23.81.

ProShares Short Dow30 Company Profile

(Get Free Report)

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.

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