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 decrease in short interest in August. As of August 31st, there was short interest totaling 28 shares, a decrease of 93.0% from the August 15th total of 401 shares. Based on an average trading volume of 167 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On ProShares MSCI Europe Dividend Growers ETF

Hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. purchased a new stake in shares of ProShares MSCI Europe Dividend Growers ETF during the second quarter worth about $27,000. Flow Traders U.S. LLC purchased a new position in shares of ProShares MSCI Europe Dividend Growers ETF during the third quarter valued at approximately $359,000. Citadel Advisors LLC purchased a new position in shares of ProShares MSCI Europe Dividend Growers ETF during the third quarter valued at approximately $480,000. Susquehanna International Group LLP lifted its stake in shares of 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 period. Finally, Jane Street Group LLC acquired a new stake in ProShares MSCI Europe Dividend Growers ETF during the fourth quarter worth approximately $893,000.

ProShares MSCI Europe Dividend Growers ETF Stock Down 0.8%

Shares of EUDV traded down $0.45 during trading hours on Thursday, reaching $52.98. 17 shares of the company traded hands, compared to its average volume of 413. The stock has a market capitalization of $9.27 million, a PE ratio of 23.46 and a beta of 0.88. The stock has a fifty day simple moving average of $54.20 and a 200 day simple moving average of $53.41. ProShares MSCI Europe Dividend Growers ETF has a fifty-two week low of $49.48 and a fifty-two week high of $56.11.

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.