ProShares Short Russell2000 (NYSEARCA:RWM) Short Interest Update

ProShares Short Russell2000 (NYSEARCA:RWM) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 344,629 shares, a drop of 37.0% from the April 30th total of 546,992 shares. Currently, 3.5% of the shares of the stock are sold short. Based on an average trading volume of 16,338,526 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On ProShares Short Russell2000

A number of hedge funds have recently made changes to their positions in the company. Group One Trading LLC increased its stake in shares of ProShares Short Russell2000 by 74.7% in the second quarter. Group One Trading LLC now owns 2,970 shares of the company’s stock valued at $56,000 after buying an additional 1,270 shares in the last quarter. Resonant Capital Advisors LLC increased its stake in shares of ProShares Short Russell2000 by 49.7% in the fourth quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock valued at $251,000 after buying an additional 5,092 shares in the last quarter. Leuthold Group LLC increased its stake in shares of ProShares Short Russell2000 by 1.2% in the third quarter. Leuthold Group LLC now owns 602,105 shares of the company’s stock valued at $10,109,000 after buying an additional 7,032 shares in the last quarter. Per Stirling Capital Management LLC. increased its stake in shares of ProShares Short Russell2000 by 13.1% in the third quarter. Per Stirling Capital Management LLC. now owns 91,900 shares of the company’s stock valued at $1,543,000 after buying an additional 10,613 shares in the last quarter. Finally, Total Wealth Planning & Management Inc. acquired a new stake in shares of ProShares Short Russell2000 in the fourth quarter valued at $241,000.

ProShares Short Russell2000 Trading Up 1.4%

Shares of ProShares Short Russell2000 stock opened at $14.05 on Thursday. The company has a 50-day simple moving average of $14.86 and a 200 day simple moving average of $15.56. ProShares Short Russell2000 has a 12-month low of $13.80 and a 12-month high of $19.85.

ProShares Short Russell2000 Company Profile

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.