ProShares UltraShort Russell2000 (NYSEARCA:TWM)’s share price were down 0.2% during trading on Friday . The company traded as low as $13.76 and last traded at $13.76, approximately 4,120 shares changed hands during trading. A decline of 100% from the average daily volume of 994,462 shares. The stock had previously closed at $13.79.
The business has a 50 day moving average of $14.87 and a 200 day moving average of $15.21.
Several institutional investors have recently made changes to their positions in the stock. Joseph P. Lucia & Associates LLC acquired a new position in ProShares UltraShort Russell2000 in the second quarter valued at about $81,000. IMC Chicago LLC acquired a new position in ProShares UltraShort Russell2000 in the second quarter valued at about $253,000. Bank of Nova Scotia acquired a new position in ProShares UltraShort Russell2000 in the second quarter valued at about $336,000. Tower Research Capital LLC TRC grew its stake in ProShares UltraShort Russell2000 by 4,045.3% in the third quarter. Tower Research Capital LLC TRC now owns 33,162 shares of the company’s stock valued at $503,000 after acquiring an additional 32,362 shares during the period. Finally, Hillsdale Investment Management Inc. grew its stake in ProShares UltraShort Russell2000 by 23.7% in the second quarter. Hillsdale Investment Management Inc. now owns 104,500 shares of the company’s stock valued at $1,541,000 after acquiring an additional 20,000 shares during the period.
ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 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.
Read More: What is Call Option Volume?
Receive News & Ratings for ProShares UltraShort Russell2000 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Russell2000 and related companies with MarketBeat.com's FREE daily email newsletter.