ProShares Short Financials (NYSEARCA:SEF) Stock Short Interest Report for September

ProShares Short Financials (NYSEARCA:SEF) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 999 shares, a decrease of 92.8% from the September 15th total of 13,950 shares. Based on an average daily volume of 24,730 shares, the short-interest ratio is presently 0.0 days. Currently, 0.2% of the company’s shares are sold short.

ProShares Short Financials Price Performance

Shares of ProShares Short Financials stock traded down $0.27 on Friday, reaching $30.84. The company had a trading volume of 4,323 shares, compared to its average volume of 18,677. The firm’s 50-day moving average price is $29.94 and its two-hundred day moving average price is $31.31. ProShares Short Financials has a 1 year low of $28.87 and a 1 year high of $35.26.

About ProShares Short Financials

ProShares Short Financials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services economic sector of the United States equity market. Component companies include regional banks; United States-domiciled international banks; life and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association (Fannie Mae), credit card insurers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges.