ProShares Russell 2000 High Income ETF (BATS:ITWO) Short Interest Down 40.7% in July

ProShares Russell 2000 High Income ETF (BATS:ITWO) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 44,542 shares, a decline of 40.7% from the July 15th total of 75,153 shares. Currently, 3.4% of the company’s stock are sold short. Based on an average trading volume of 23,571 shares, the short-interest ratio is presently 1.9 days.

Institutional Trading of ProShares Russell 2000 High Income ETF

Institutional investors have recently made changes to their positions in the business. Larson Financial Group LLC bought a new position in ProShares Russell 2000 High Income ETF in the fourth quarter valued at $64,000. Sunbelt Securities Inc. acquired a new stake in ProShares Russell 2000 High Income ETF in the 4th quarter valued at $234,000. Integrated Wealth Concepts LLC bought a new stake in ProShares Russell 2000 High Income ETF during the 3rd quarter worth about $249,000. PFG Investments LLC bought a new stake in ProShares Russell 2000 High Income ETF during the 1st quarter worth about $384,000. Finally, Raymond James Financial Inc. acquired a new position in shares of ProShares Russell 2000 High Income ETF during the 2nd quarter worth about $389,000.

ProShares Russell 2000 High Income ETF Price Performance

BATS:ITWO opened at $47.11 on Monday. ProShares Russell 2000 High Income ETF has a twelve month low of $37.05 and a twelve month high of $47.19. The business has a 50 day moving average price of $45.96 and a two-hundred day moving average price of $43.49. The company has a market cap of $61.24 million and a P/E ratio of 17.43.

ProShares Russell 2000 High Income ETF Company Profile

The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index. ITWO was launched on Sep 4, 2024 and is issued by ProShares.