ProShares Short SmallCap600 (NYSEARCA:SBB) Short Interest Down 78.6% in January

ProShares Short SmallCap600 (NYSEARCA:SBB) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 46 shares, a decline of 78.6% from the December 31st total of 215 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 3,322 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 3,322 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

ProShares Short SmallCap600 Trading Up 0.5%

ProShares Short SmallCap600 stock traded up $0.06 during trading on Wednesday, hitting $12.94. 7,680 shares of the company were exchanged, compared to its average volume of 6,210. The business’s 50 day moving average is $13.40 and its 200 day moving average is $13.93. ProShares Short SmallCap600 has a 52 week low of $12.46 and a 52 week high of $18.64.

Institutional Investors Weigh In On ProShares Short SmallCap600

An institutional investor recently bought a new position in ProShares Short SmallCap600 stock. Susquehanna International Group LLP bought a new position in ProShares Short SmallCap600 (NYSEARCA:SBB) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned about 7.64% of ProShares Short SmallCap600 as of its most recent SEC filing.

ProShares Short SmallCap600 Company Profile

ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.