ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Update

ProShares Short Dow30 (NYSEARCA:DOG) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 330,921 shares, a decrease of 41.3% from the August 15th total of 563,574 shares. Based on an average daily volume of 2,024,908 shares, the short-interest ratio is currently 0.2 days. Approximately 7.2% of the shares of the company are short sold.

Institutional Trading of ProShares Short Dow30

Several hedge funds have recently added to or reduced their stakes in DOG. Arkadios Wealth Advisors acquired a new position in ProShares Short Dow30 during the 1st quarter worth $9,560,000. UBS Group AG increased its holdings in shares of ProShares Short Dow30 by 53.2% during the fourth quarter. UBS Group AG now owns 125,497 shares of the company’s stock valued at $2,948,000 after purchasing an additional 43,588 shares during the period. Renaissance Technologies LLC bought a new stake in shares of ProShares Short Dow30 during the first quarter valued at about $2,090,000. Squarepoint Ops LLC bought a new stake in shares of ProShares Short Dow30 during the second quarter valued at about $863,000. Finally, J2 Capital Management Inc bought a new stake in shares of ProShares Short Dow30 during the first quarter valued at about $958,000.

ProShares Short Dow30 Stock Performance

Shares of DOG traded down $0.12 during mid-day trading on Thursday, reaching $22.03. 5,155,382 shares of the company’s stock traded hands, compared to its average volume of 3,938,424. The business’s 50-day moving average price is $21.50 and its 200-day moving average price is $22.49. ProShares Short Dow30 has a 12 month low of $20.77 and a 12 month high of $25.12.

About ProShares Short Dow30

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.