ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Short Interest Update

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 16,730 shares, a drop of 47.9% from the August 31st total of 32,085 shares. Based on an average daily trading volume, of 29,961 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On ProShares S&P MidCap 400 Dividend Aristocrats ETF

A number of large investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC increased its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.4% in the first quarter. Janney Montgomery Scott LLC now owns 66,477 shares of the company’s stock valued at $5,744,000 after purchasing an additional 1,581 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 4.0% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 14,620 shares of the company’s stock worth $1,263,000 after buying an additional 567 shares in the last quarter. Pinnacle Holdings LLC acquired a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 2nd quarter worth $706,000. Harbor Investment Advisory LLC boosted its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 19.8% in the 2nd quarter. Harbor Investment Advisory LLC now owns 5,090 shares of the company’s stock valued at $466,000 after buying an additional 840 shares during the last quarter. Finally, Azimuth Capital Investment Management LLC boosted its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 18.7% in the 2nd quarter. Azimuth Capital Investment Management LLC now owns 4,125 shares of the company’s stock valued at $378,000 after buying an additional 650 shares during the last quarter.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Down 0.5%

ProShares S&P MidCap 400 Dividend Aristocrats ETF stock opened at $87.47 on Wednesday. The stock has a 50-day simple moving average of $92.77 and a 200 day simple moving average of $90.51. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 12-month low of $80.52 and a 12-month high of $95.97. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 16.11 and a beta of 0.80.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is an exchange-traded fund that is based on the S&P MidCap 400 Dividend Aristocrats index. The fund tracks an equal-weighted index of mid-cap companies that have increased their dividends for at least 15-consecutive years. REGL was launched on Feb 5, 2015 and is managed by ProShares.