ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Update

ProShares Short Dow30 (NYSEARCA:DOG) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 359,548 shares, an increase of 150.5% from the June 15th total of 143,504 shares. Based on an average daily trading volume, of 2,051,550 shares, the short-interest ratio is currently 0.2 days. Approximately 7.7% of the company’s stock are sold short.

Institutional Trading of ProShares Short Dow30

Institutional investors have recently made changes to their positions in the company. Arkadios Wealth Advisors purchased a new position in ProShares Short Dow30 during the first quarter worth about $9,560,000. Renaissance Technologies LLC purchased a new stake in shares of ProShares Short Dow30 during the first quarter valued at approximately $2,090,000. Group One Trading LLC lifted its holdings in ProShares Short Dow30 by 3,260.9% during the first quarter. Group One Trading LLC now owns 1,546 shares of the company’s stock worth $38,000 after acquiring an additional 1,500 shares during the period. IMC Chicago LLC purchased a new position in ProShares Short Dow30 in the first quarter worth $544,000. Finally, J2 Capital Management Inc purchased a new stake in shares of ProShares Short Dow30 during the 1st quarter valued at $958,000.

ProShares Short Dow30 Stock Performance

DOG opened at $21.60 on Tuesday. ProShares Short Dow30 has a fifty-two week low of $21.24 and a fifty-two week high of $26.06. The company’s 50-day moving average is $22.24 and its 200 day moving average is $22.99.

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.