ProShares Inflation Expectations ETF (NYSEARCA:RINF) Short Interest Update

ProShares Inflation Expectations ETF (NYSEARCA:RINF) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,349 shares, an increase of 362.0% from the January 15th total of 292 shares. Based on an average trading volume of 2,781 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 2,781 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of ProShares Inflation Expectations ETF

Hedge funds have recently made changes to their positions in the stock. Belvedere Trading LLC bought a new stake in shares of ProShares Inflation Expectations ETF in the second quarter worth $2,675,000. Oppenheimer & Co. Inc. acquired a new position in ProShares Inflation Expectations ETF during the 3rd quarter worth $227,000. Cornerstone Planning Group LLC grew its holdings in ProShares Inflation Expectations ETF by 467.2% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,418 shares of the company’s stock worth $46,000 after acquiring an additional 1,168 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of ProShares Inflation Expectations ETF in the 4th quarter worth about $54,000. Finally, Jane Street Group LLC raised its stake in shares of ProShares Inflation Expectations ETF by 9.2% in the 2nd quarter. Jane Street Group LLC now owns 16,912 shares of the company’s stock valued at $553,000 after purchasing an additional 1,421 shares in the last quarter.

ProShares Inflation Expectations ETF Price Performance

Shares of RINF opened at $32.19 on Wednesday. ProShares Inflation Expectations ETF has a one year low of $31.53 and a one year high of $33.62. The stock has a 50-day moving average price of $32.32 and a 200 day moving average price of $32.47.

About ProShares Inflation Expectations ETF

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.