ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Short Interest Update

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 60 shares, a decline of 53.1% from the July 30th total of 128 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 408 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ANEW. Raymond James Financial Inc. purchased a new position in ProShares MSCI Transformational Changes ETF in the 2nd quarter valued at about $43,000. Cetera Investment Advisers purchased a new stake in ProShares MSCI Transformational Changes ETF during the 2nd quarter worth approximately $240,000. Citadel Advisors LLC purchased a new stake in ProShares MSCI Transformational Changes ETF during the 3rd quarter worth approximately $318,000. Finally, Jane Street Group LLC raised its holdings in shares of ProShares MSCI Transformational Changes ETF by 105.6% during the fourth quarter. Jane Street Group LLC now owns 15,208 shares of the company’s stock valued at $764,000 after acquiring an additional 7,812 shares during the last quarter.

ProShares MSCI Transformational Changes ETF Trading Down 0.3%

NYSEARCA:ANEW traded down $0.17 during trading hours on Monday, reaching $54.45. 101 shares of the company were exchanged, compared to its average volume of 284. The stock’s 50-day moving average is $52.33 and its 200-day moving average is $49.92. The firm has a market cap of $8.17 million, a PE ratio of 29.96 and a beta of 1.02. ProShares MSCI Transformational Changes ETF has a twelve month low of $44.25 and a twelve month high of $54.93.

About ProShares MSCI Transformational Changes ETF

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection. ANEW was launched on Oct 14, 2020 and is managed by ProShares.