ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Sees Large Decline in Short Interest

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 24,652 shares, a decrease of 50.2% from the July 15th total of 49,527 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 116,854 shares, the days-to-cover ratio is presently 0.2 days.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Trading Up 0.3%

BATS:REGL opened at $95.82 on Friday. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 1-year low of $80.52 and a 1-year high of $95.97. The firm has a fifty day simple moving average of $92.50 and a 200 day simple moving average of $90.35. The stock has a market capitalization of $2.09 billion, a PE ratio of 16.11 and a beta of 0.80.

Institutional Trading of ProShares S&P MidCap 400 Dividend Aristocrats ETF

Large investors have recently added to or reduced their stakes in the company. Pinnacle Holdings LLC bought a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 2nd quarter valued at about $706,000. Compass Financial Management LLC bought a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 2nd quarter valued at about $200,000. Harbor Investment Advisory LLC lifted its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 19.8% in the 2nd quarter. Harbor Investment Advisory LLC now owns 5,090 shares of the company’s stock valued at $466,000 after purchasing an additional 840 shares during the last quarter. Ascentis Independent Advisors acquired a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 1st quarter valued at about $70,000. Finally, Janney Montgomery Scott LLC grew its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.4% during the first quarter. Janney Montgomery Scott LLC now owns 66,477 shares of the company’s stock worth $5,744,000 after purchasing an additional 1,581 shares during the period.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is an exchange-traded fund that is based on the S&P MidCap 400 Dividend Aristocrats index. The fund tracks an equal-weighted index of mid-cap companies that have increased their dividends for at least 15-consecutive years. REGL was launched on Feb 5, 2015 and is managed by ProShares.