ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Short Interest Update

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 6,232 shares, an increase of 101.6% from the June 15th total of 3,091 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 42,704 shares, the short-interest ratio is currently 0.1 days.

ProShares Russell 2000 Dividend Growers ETF Price Performance

BATS SMDV opened at $76.47 on Wednesday. The stock has a market capitalization of $767.76 million, a P/E ratio of 16.56 and a beta of 0.84. The firm’s 50-day moving average is $73.98 and its two-hundred day moving average is $71.71. ProShares Russell 2000 Dividend Growers ETF has a 12 month low of $63.50 and a 12 month high of $77.80.

Hedge Funds Weigh In On ProShares Russell 2000 Dividend Growers ETF

Large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 12.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 22,259 shares of the company’s stock valued at $1,460,000 after purchasing an additional 2,399 shares during the last quarter. Franklin Resources Inc. purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the second quarter worth $48,000. NewEdge Advisors LLC grew its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 8.0% in the second quarter. NewEdge Advisors LLC now owns 5,415 shares of the company’s stock valued at $352,000 after buying an additional 402 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the second quarter valued at $273,000. Finally, Ameriprise Financial Inc. grew its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 72.8% in the second quarter. Ameriprise Financial Inc. now owns 44,356 shares of the company’s stock valued at $2,886,000 after buying an additional 18,690 shares in the last quarter.

About ProShares Russell 2000 Dividend Growers ETF

The ProShares Russell 2000 Dividend Growers ETF (SMDV) is an exchange-traded fund that is based on the Russell 2000 Dividend Growth index. The fund tracks an index of US small-cap stocks with a 10-year record of increasing dividends. Stocks are equally weighted. SMDV was launched on Feb 5, 2015 and is managed by ProShares.