Short Interest in ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Declines By 74.7%

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 12,116 shares, a decrease of 74.7% from the April 15th total of 47,891 shares. Based on an average daily volume of 53,886 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Price Performance

Shares of REGL stock opened at $88.28 on Friday. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a fifty-two week low of $79.56 and a fifty-two week high of $93.74. The stock’s 50-day moving average is $88.39 and its two-hundred day moving average is $87.30. The firm has a market cap of $1.93 billion, a P/E ratio of 16.11 and a beta of 0.80.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 3.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 206,803 shares of the company’s stock worth $17,650,000 after purchasing an additional 7,509 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 10.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 70,237 shares of the company’s stock valued at $5,975,000 after acquiring an additional 6,685 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 66,477 shares of the company’s stock valued at $5,744,000 after acquiring an additional 1,581 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 21.9% during the 2nd quarter. NewEdge Advisors LLC now owns 46,099 shares of the company’s stock valued at $3,759,000 after acquiring an additional 8,277 shares during the last quarter. Finally, Hollencrest Capital Management increased its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 0.7% during the 4th quarter. Hollencrest Capital Management now owns 17,609 shares of the company’s stock valued at $1,483,000 after acquiring an additional 125 shares during the last quarter.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Company Profile

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.