ProShares Large Cap Core Plus (BATS:CSM) Shares Shorted: Short Interest Up 661.1% in October

ProShares Large Cap Core Plus (BATS:CSM – Get Free Report) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 3,029 shares, an increase of 661.1% from the October 15th total of 398 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 4,909 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of ProShares Large Cap Core Plus

Hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC lifted its holdings in shares of ProShares Large Cap Core Plus by 3.1% in the 3rd quarter. Kestra Advisory Services LLC now owns 35,351 shares of the company’s stock valued at $3,068,000 after acquiring an additional 1,068 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in ProShares Large Cap Core Plus during the third quarter worth approximately $581,000. MGO One Seven LLC purchased a new stake in ProShares Large Cap Core Plus during the third quarter valued at approximately $321,000. Partners Wealth Management LLC purchased a new stake in ProShares Large Cap Core Plus during the third quarter valued at approximately $863,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in ProShares Large Cap Core Plus during the third quarter valued at approximately $390,000.

ProShares Large Cap Core Plus Stock Down 0.6%

CSM stock opened at $86.58 on Friday. ProShares Large Cap Core Plus has a 52 week low of $72.79 and a 52 week high of $90.27. The firm has a market capitalization of $512.55 million, a P/E ratio of 21.90 and a beta of 1.02. The company has a fifty day simple moving average of $87.36 and a two-hundred day simple moving average of $83.99.

ProShares Large Cap Core Plus Company Profile

(Get Free Report)

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. CSM was launched on Jul 14, 2009 and is managed by ProShares.

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