ProShares Ultra Russell 2000 (NYSEARCA:UWM) Short Interest Up 122.3% in April

Posted by Anthony Miller on Apr 26th, 2026

ProShares Ultra Russell 2000 (NYSEARCA:UWM – Get Free Report) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 152,710 shares, an increase of 122.3% from the March 31st total of 68,700 shares. Based on an average daily volume of 373,902 shares, the days-to-cover ratio is currently 0.4 days. Approximately 3.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of UWM. Federation des caisses Desjardins du Quebec acquired a new position in shares of ProShares Ultra Russell 2000 during the 4th quarter worth $47,000. Bank of America Corp DE acquired a new position in shares of ProShares Ultra Russell 2000 during the 3rd quarter worth $120,000. Kingsview Wealth Management LLC acquired a new position in shares of ProShares Ultra Russell 2000 during the 3rd quarter worth $228,000. Meridian Wealth Management LLC acquired a new position in shares of ProShares Ultra Russell 2000 during the 3rd quarter worth $237,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of ProShares Ultra Russell 2000 during the 2nd quarter worth $263,000.

ProShares Ultra Russell 2000 Stock Up 0.7%

Shares of UWM traded up $0.43 during mid-day trading on Friday, hitting $57.82. 286,410 shares of the company’s stock were exchanged, compared to its average volume of 700,341. The firm has a fifty day moving average of $50.85 and a two-hundred day moving average of $49.80. ProShares Ultra Russell 2000 has a twelve month low of $29.78 and a twelve month high of $59.15. The stock has a market cap of $257.30 million, a price-to-earnings ratio of 13.49 and a beta of 2.17.

ProShares Ultra Russell 2000 Company Profile

(Get Free Report)

The ProShares Ultra Russell2000 (UWM) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. UWM was launched on Jan 23, 2007 and is managed by ProShares.