ProShares Inflation Expectations ETF (NYSEARCA:RINF) Stock Short Interest Climbs 226.3%

ProShares Inflation Expectations ETF (NYSEARCA:RINF) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 2,535 shares, a growth of 226.3% from the September 30th total of 777 shares. Based on an average daily trading volume, of 6,269 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the company’s stock are sold short.

ProShares Inflation Expectations ETF Stock Down 0.3%

Shares of NYSEARCA:RINF traded down $0.11 during midday trading on Friday, reaching $32.51. The company’s stock had a trading volume of 1,532 shares, compared to its average volume of 4,154. ProShares Inflation Expectations ETF has a twelve month low of $31.74 and a twelve month high of $33.09. The stock has a fifty day moving average of $32.68 and a 200 day moving average of $32.43.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares Inflation Expectations ETF stock. Citadel Advisors LLC lifted its stake in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF) by 33.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,909 shares of the company’s stock after acquiring an additional 4,483 shares during the quarter. Citadel Advisors LLC owned 3.20% of ProShares Inflation Expectations ETF worth $576,000 as of its most recent filing with the Securities and Exchange Commission.

About ProShares Inflation Expectations ETF

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.