Short Interest in ProShares Short Dow30 (NYSEARCA:DOG) Rises By 74.6%

ProShares Short Dow30 (NYSEARCA:DOGGet Free Report) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 563,574 shares, a growth of 74.6% from the July 30th total of 322,803 shares. Currently, 12.2% of the company’s shares are short sold. Based on an average daily trading volume, of 2,567,834 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On ProShares Short Dow30

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC acquired a new position in ProShares Short Dow30 in the fourth quarter valued at about $27,000. JPMorgan Chase & Co. increased its position in shares of ProShares Short Dow30 by 11,700.0% during the second quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after acquiring an additional 1,170 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of ProShares Short Dow30 during the second quarter valued at about $33,000. Group One Trading LLC increased its position in shares of ProShares Short Dow30 by 3,260.9% during the first quarter. Group One Trading LLC now owns 1,546 shares of the company’s stock valued at $38,000 after acquiring an additional 1,500 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in shares of ProShares Short Dow30 in the 3rd quarter valued at approximately $74,000.

ProShares Short Dow30 Price Performance

DOG stock opened at $21.29 on Monday. ProShares Short Dow30 has a one year low of $20.77 and a one year high of $25.21. The firm’s 50 day moving average price is $21.51 and its 200-day moving average price is $22.61.

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.

Further Reading

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