ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) Sees Significant Decrease in Short Interest

ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 100 shares, a decline of 77.9% from the July 15th total of 453 shares. Based on an average daily volume of 195 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

ProShares MSCI Europe Dividend Growers ETF Price Performance

EUDV opened at $54.93 on Friday. The company has a 50 day simple moving average of $53.42 and a two-hundred day simple moving average of $53.29. The firm has a market cap of $9.61 million, a P/E ratio of 23.46 and a beta of 0.88. ProShares MSCI Europe Dividend Growers ETF has a 1-year low of $49.48 and a 1-year high of $56.05.

Institutional Investors Weigh In On ProShares MSCI Europe Dividend Growers ETF

Institutional investors have recently bought and sold shares of the business. Arete Wealth Advisors LLC purchased a new position in shares of ProShares MSCI Europe Dividend Growers ETF during the first quarter valued at about $10,983,000. Jane Street Group LLC purchased a new stake in shares of ProShares MSCI Europe Dividend Growers ETF in the fourth quarter worth about $893,000. Susquehanna International Group LLP boosted its stake in ProShares MSCI Europe Dividend Growers ETF by 14.3% during the third quarter. Susquehanna International Group LLP now owns 10,126 shares of the company’s stock valued at $532,000 after buying an additional 1,265 shares during the last quarter. Flow Traders U.S. LLC bought a new position in ProShares MSCI Europe Dividend Growers ETF during the third quarter valued at approximately $359,000. Finally, Citadel Advisors LLC purchased a new position in ProShares MSCI Europe Dividend Growers ETF during the 3rd quarter valued at approximately $480,000.

About ProShares MSCI Europe Dividend Growers ETF

The ProShares MSCI Europe Dividend Growers ETF (EUDV) is an exchange-traded fund that is based on the MSCI Europe Dividend Masters index. The fund tracks an index of developed European companies with a history of stable dividend growth. EUDV was launched on Sep 10, 2015 and is managed by ProShares.