ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Short Interest Update

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 818,212 shares, a growth of 225.8% from the May 31st total of 251,116 shares. Currently, 28.3% of the shares of the stock are short sold. Based on an average trading volume of 4,247,656 shares, the days-to-cover ratio is presently 0.2 days.

ProShares UltraPro Short Russell 2000 Price Performance

Shares of SRTY stock traded up $0.22 during trading hours on Friday, reaching $21.93. 3,792,499 shares of the company were exchanged, compared to its average volume of 2,320,393. ProShares UltraPro Short Russell 2000 has a fifty-two week low of $21.10 and a fifty-two week high of $71.44. The stock’s fifty day moving average is $25.89 and its two-hundred day moving average is $33.27.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of ProShares UltraPro Short Russell 2000 by 495.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,608 shares of the exchange traded fund’s stock valued at $113,000 after buying an additional 5,498 shares during the period. Flow Traders U.S. LLC bought a new position in ProShares UltraPro Short Russell 2000 in the second quarter valued at about $347,000. StoneX Group Inc. acquired a new stake in ProShares UltraPro Short Russell 2000 in the second quarter worth about $173,000. Qube Research & Technologies Ltd raised its holdings in ProShares UltraPro Short Russell 2000 by 3,171.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 8,670 shares of the exchange traded fund’s stock worth $148,000 after purchasing an additional 8,405 shares during the last quarter. Finally, Group One Trading LLC raised its holdings in ProShares UltraPro Short Russell 2000 by 278.0% during the 3rd quarter. Group One Trading LLC now owns 5,828 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 4,286 shares during the last quarter.

About ProShares UltraPro Short Russell 2000

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index. The investment advisor of the Fund is ProShare Advisors LLC (ProShare Advisors).