ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Update

ProShares Short Dow30 (NYSEARCA:DOG) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 157,738 shares, a decline of 52.3% from the August 31st total of 330,921 shares. Based on an average trading volume of 3,950,583 shares, the days-to-cover ratio is currently 0.0 days. Approximately 3.3% of the shares of the company are short sold.

ProShares Short Dow30 Stock Performance

Shares of NYSEARCA:DOG traded up $0.01 during mid-day trading on Thursday, reaching $22.29. 12,895,794 shares of the company were exchanged, compared to its average volume of 4,177,563. ProShares Short Dow30 has a 1 year low of $20.77 and a 1 year high of $25.12. The firm’s 50-day simple moving average is $21.57 and its 200 day simple moving average is $22.38.

Institutional Investors Weigh In On ProShares Short Dow30

Institutional investors and hedge funds have recently modified their holdings of the stock. Squarepoint Ops LLC acquired a new stake in shares of ProShares Short Dow30 during the 2nd quarter worth approximately $863,000. J2 Capital Management Inc acquired a new position in ProShares Short Dow30 during the first quarter worth about $958,000. Renaissance Technologies LLC bought a new stake in ProShares Short Dow30 in the first quarter worth about $2,090,000. Arkadios Wealth Advisors acquired a new stake in ProShares Short Dow30 in the 1st quarter valued at about $9,560,000. Finally, Group One Trading LLC grew its stake in shares of ProShares Short Dow30 by 3,260.9% in the 1st quarter. Group One Trading LLC now owns 1,546 shares of the company’s stock worth $38,000 after purchasing an additional 1,500 shares during the last quarter.

ProShares Short Dow30 Company Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.