Short Interest in ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) Rises By 98.8%

ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 1,374 shares, an increase of 98.8% from the June 15th total of 691 shares. Based on an average daily volume of 1,501 shares, the short-interest ratio is presently 0.9 days. Currently, 0.1% of the company’s stock are sold short.

ProShares S&P 500 Ex-Energy ETF Stock Performance

Shares of NYSEARCA SPXE opened at $81.36 on Thursday. The firm’s 50-day simple moving average is $80.30 and its 200 day simple moving average is $75.99. The stock has a market cap of $84.61 million, a price-to-earnings ratio of 26.41 and a beta of 1.02. ProShares S&P 500 Ex-Energy ETF has a fifty-two week low of $67.18 and a fifty-two week high of $83.20.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SPXE. Independent Financial Group LLC purchased a new position in shares of ProShares S&P 500 Ex-Energy ETF in the 1st quarter worth about $208,000. Centurion Wealth Management LLC increased its holdings in ProShares S&P 500 Ex-Energy ETF by 6.5% during the second quarter. Centurion Wealth Management LLC now owns 3,237 shares of the company’s stock worth $261,000 after buying an additional 198 shares during the last quarter. Royal Bank of Canada raised its position in ProShares S&P 500 Ex-Energy ETF by 6.7% in the fourth quarter. Royal Bank of Canada now owns 6,655 shares of the company’s stock worth $492,000 after acquiring an additional 420 shares during the period. EP Wealth Advisors LLC bought a new stake in ProShares S&P 500 Ex-Energy ETF in the fourth quarter worth about $620,000. Finally, Private Advisor Group LLC boosted its stake in ProShares S&P 500 Ex-Energy ETF by 28.0% in the third quarter. Private Advisor Group LLC now owns 9,793 shares of the company’s stock valued at $707,000 after acquiring an additional 2,143 shares during the last quarter.

ProShares S&P 500 Ex-Energy ETF Company Profile

The ProShares S&P 500 ex-Energy ETF (SPXE) is an exchange-traded fund that is based on the S&P 500 Ex-Energy index. The fund tracks a market cap-weighted index of US large- and mid-cap stocks, excluding firms in the energy sector. SPXE was launched on Sep 22, 2015 and is managed by ProShares.