ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Update

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 34,826 shares, an increase of 75.0% from the May 31st total of 19,898 shares. Based on an average daily volume of 1,370,460 shares, the days-to-cover ratio is presently 0.0 days. Approximately 2.0% of the shares of the company are sold short.

Institutional Trading of ProShares UltraShort Semiconductors

A hedge fund recently raised its stake in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP boosted its stake in ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 94.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,064 shares of the company’s stock after purchasing an additional 10,257 shares during the quarter. Susquehanna International Group LLP owned about 1.24% of ProShares UltraShort Semiconductors worth $195,000 at the end of the most recent reporting period.

ProShares UltraShort Semiconductors Trading Up 8.0%

Shares of NYSEARCA SSG opened at $13.38 on Friday. ProShares UltraShort Semiconductors has a 1-year low of $10.91 and a 1-year high of $52.48. The business’s 50 day moving average is $13.95 and its 200-day moving average is $23.12.

About ProShares UltraShort Semiconductors

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.