ProShares Hedge Replication ETF (NYSEARCA:HDG – Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 496 shares, an increase of 148.0% from the January 15th total of 200 shares. Based on an average daily volume of 2,006 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,006 shares, the days-to-cover ratio is currently 0.2 days.
ProShares Hedge Replication ETF Stock Performance
HDG stock traded up $0.10 on Friday, reaching $52.68. The company had a trading volume of 719 shares, compared to its average volume of 1,964. The company’s fifty day moving average is $52.15 and its 200 day moving average is $51.44. The company has a market cap of $24.76 million, a P/E ratio of 17.30 and a beta of 0.33. ProShares Hedge Replication ETF has a 1 year low of $46.28 and a 1 year high of $52.95.
Institutional Investors Weigh In On ProShares Hedge Replication ETF
Institutional investors have recently bought and sold shares of the business. Frederick Financial Consultants LLC grew its position in shares of ProShares Hedge Replication ETF by 2.4% in the 2nd quarter. Frederick Financial Consultants LLC now owns 71,810 shares of the company’s stock worth $3,557,000 after acquiring an additional 1,684 shares in the last quarter. First PREMIER Bank boosted its holdings in ProShares Hedge Replication ETF by 14,562.5% in the third quarter. First PREMIER Bank now owns 1,173 shares of the company’s stock worth $60,000 after purchasing an additional 1,165 shares during the period. Allworth Financial LP bought a new stake in ProShares Hedge Replication ETF during the fourth quarter valued at $29,000. Susquehanna International Group LLP increased its stake in ProShares Hedge Replication ETF by 38.3% during the third quarter. Susquehanna International Group LLP now owns 10,504 shares of the company’s stock valued at $537,000 after purchasing an additional 2,908 shares during the last quarter. Finally, National Bank of Canada FI lifted its position in shares of ProShares Hedge Replication ETF by 8.0% in the 3rd quarter. National Bank of Canada FI now owns 7,046 shares of the company’s stock worth $359,000 after buying an additional 519 shares during the last quarter.
ProShares Hedge Replication ETF Company Profile
The ProShares Hedge Replication ETF (HDG) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund tracks an index that uses long and short exposure to equity, Treasury and currency indexes, and individual securities to mimic the returns of a broad hedge fund index. HDG was launched on Jul 12, 2011 and is managed by ProShares.
Featured Articles
- Five stocks we like better than ProShares Hedge Replication ETF
- Think You Missed Silver? You’re Wrong. Here’s Why.
- Your Bank Account Is No Longer Safe
- Trade this between 9:30 and 10:45 am EST
- Nvidia CEO Issues Bold Tesla Call
- Did you hear what Nvidia’s CEO said?
Receive News & Ratings for ProShares Hedge Replication ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Hedge Replication ETF and related companies with MarketBeat.com's FREE daily email newsletter.
