ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Update

ProShares Short Dow30 (NYSEARCA:DOG) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 309,641 shares, an increase of 147.5% from the April 15th total of 125,102 shares. Based on an average daily volume of 3,129,119 shares, the days-to-cover ratio is presently 0.1 days. Approximately 6.4% of the company’s stock are short sold.

Institutional Trading of ProShares Short Dow30

A number of institutional investors and hedge funds have recently modified their holdings of DOG. JPMorgan Chase & Co. boosted its position in ProShares Short Dow30 by 11,700.0% in the second quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock worth $30,000 after purchasing an additional 1,170 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of ProShares Short Dow30 by 122.7% during the 2nd quarter. Squarepoint Ops LLC now owns 58,603 shares of the company’s stock worth $1,493,000 after purchasing an additional 32,283 shares during the period. Jane Street Group LLC purchased a new position in shares of ProShares Short Dow30 in the 2nd quarter worth about $670,000. Headlands Technologies LLC purchased a new position in shares of ProShares Short Dow30 in the 2nd quarter worth about $33,000. Finally, Arkadios Wealth Advisors bought a new position in ProShares Short Dow30 during the third quarter valued at about $4,119,000.

ProShares Short Dow30 Trading Up 0.9%

NYSEARCA:DOG traded up $0.20 on Friday, hitting $22.90. The stock had a trading volume of 851,866 shares, compared to its average volume of 5,387,289. ProShares Short Dow30 has a 1 year low of $22.43 and a 1 year high of $27.27. The firm’s fifty day simple moving average is $23.70 and its two-hundred day simple moving average is $23.53.

ProShares Short Dow30 Company Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.