Short Interest in ProShares Short SmallCap600 (NYSEARCA:SBB) Decreases By 27.3%

ProShares Short SmallCap600 (NYSEARCA:SBB) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,600 shares, a drop of 27.3% from the September 30th total of 2,200 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the shares of the stock are sold short. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 4,400 shares, the short-interest ratio is currently 0.4 days.

ProShares Short SmallCap600 Trading Up 0.4%

Shares of SBB traded up $0.06 during midday trading on Monday, hitting $14.07. The company’s stock had a trading volume of 29,331 shares, compared to its average volume of 4,387. ProShares Short SmallCap600 has a one year low of $13.39 and a one year high of $18.64. The company’s fifty day simple moving average is $13.95 and its two-hundred day simple moving average is $14.86.

About ProShares Short SmallCap600

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.