ProShares Large Cap Core Plus (BATS:CSM) Short Interest Update

ProShares Large Cap Core Plus (BATS:CSM) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 17 shares, a growth of 750.0% from the May 14th total of 2 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,070 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On ProShares Large Cap Core Plus

A number of institutional investors have recently added to or reduced their stakes in CSM. Royal Bank of Canada grew its stake in ProShares Large Cap Core Plus by 57.1% in the 1st quarter. Royal Bank of Canada now owns 25,594 shares of the company’s stock valued at $1,631,000 after acquiring an additional 9,298 shares during the period. JPMorgan Chase & Co. acquired a new stake in ProShares Large Cap Core Plus in the 2nd quarter valued at $26,000. First Trust Advisors LP acquired a new stake in ProShares Large Cap Core Plus in the 2nd quarter valued at $365,000. Cerity Partners LLC grew its stake in ProShares Large Cap Core Plus by 1.0% in the 2nd quarter. Cerity Partners LLC now owns 29,970 shares of the company’s stock valued at $2,112,000 after acquiring an additional 296 shares during the period. Finally, Onyx Bridge Wealth Group LLC grew its stake in ProShares Large Cap Core Plus by 0.5% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 116,877 shares of the company’s stock valued at $8,949,000 after acquiring an additional 599 shares during the period.

ProShares Large Cap Core Plus Price Performance

Shares of BATS CSM opened at $84.56 on Friday. The stock has a market capitalization of $535.26 million, a price-to-earnings ratio of 20.56 and a beta of 1.02. ProShares Large Cap Core Plus has a 12 month low of $67.89 and a 12 month high of $87.60. The firm’s 50 day simple moving average is $82.72 and its 200-day simple moving average is $80.15.

About ProShares Large Cap Core Plus

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. CSM was launched on Jul 14, 2009 and is managed by ProShares.