ProShares Short Real Estate (NYSEARCA:REK) Short Interest Update

ProShares Short Real Estate (NYSEARCA:REK) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 146,309 shares, an increase of 1,201.0% from the June 30th total of 11,246 shares. Based on an average daily volume of 29,720 shares, the short-interest ratio is presently 4.9 days. Approximately 19.3% of the shares of the company are short sold.

ProShares Short Real Estate Price Performance

Shares of ProShares Short Real Estate stock traded down $0.34 on Friday, reaching $15.04. The stock had a trading volume of 4,858 shares, compared to its average volume of 13,085. The business’s 50-day moving average price is $15.59 and its two-hundred day moving average price is $16.13. ProShares Short Real Estate has a fifty-two week low of $15.00 and a fifty-two week high of $17.64.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Ramsey Quantitative Systems acquired a new position in shares of ProShares Short Real Estate during the 1st quarter worth about $42,000. Susquehanna International Group LLP acquired a new stake in ProShares Short Real Estate in the 3rd quarter valued at approximately $264,000. Finally, IMC Chicago LLC grew its holdings in ProShares Short Real Estate by 13.7% in the 4th quarter. IMC Chicago LLC now owns 18,257 shares of the company’s stock valued at $314,000 after buying an additional 2,200 shares during the last quarter.

About ProShares Short Real Estate

ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.