ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) Short Interest Up 210.4% in December

ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,726 shares, a growth of 210.4% from the December 15th total of 556 shares. Based on an average daily volume of 1,054 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,054 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Centurion Wealth Management LLC acquired a new position in shares of ProShares S&P 500 Ex-Energy ETF in the second quarter valued at $201,000. Stratos Wealth Partners LTD. raised its holdings in ProShares S&P 500 Ex-Energy ETF by 10.5% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 4,220 shares of the company’s stock valued at $282,000 after acquiring an additional 402 shares during the period. Tableaux LLC bought a new position in ProShares S&P 500 Ex-Energy ETF in the 2nd quarter valued at about $10,970,000. Bank of America Corp DE boosted its holdings in shares of ProShares S&P 500 Ex-Energy ETF by 422.7% during the second quarter. Bank of America Corp DE now owns 15,848 shares of the company’s stock worth $1,060,000 after acquiring an additional 12,816 shares during the period. Finally, Sterling Investment Counsel LLC acquired a new position in shares of ProShares S&P 500 Ex-Energy ETF in the third quarter valued at approximately $325,000.

ProShares S&P 500 Ex-Energy ETF Stock Up 0.1%

Shares of NYSEARCA:SPXE traded up $0.09 during mid-day trading on Thursday, reaching $75.11. 720 shares of the stock were exchanged, compared to its average volume of 1,347. The stock’s 50 day simple moving average is $73.69 and its 200-day simple moving average is $71.48. ProShares S&P 500 Ex-Energy ETF has a one year low of $52.40 and a one year high of $75.25. The company has a market cap of $76.62 million, a P/E ratio of 26.41 and a beta of 1.01.

ProShares S&P 500 Ex-Energy ETF Company Profile

The ProShares S&P 500 ex-Energy ETF (SPXE) is an exchange-traded fund that is based on the S&P 500 Ex-Energy index. The fund tracks a market cap-weighted index of US large- and mid-cap stocks, excluding firms in the energy sector. SPXE was launched on Sep 22, 2015 and is managed by ProShares.