Short Interest in ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Expands By 74.1%

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 666,000 shares, an increase of 74.1% from the September 30th total of 382,600 shares. Based on an average trading volume of 8,335,100 shares, the short-interest ratio is currently 0.1 days. Currently, 8.9% of the shares of the company are sold short. Currently, 8.9% of the shares of the company are sold short. Based on an average trading volume of 8,335,100 shares, the short-interest ratio is currently 0.1 days.

ProShares UltraPro Short Russell 2000 Price Performance

NYSEARCA SRTY opened at $11.05 on Monday. The stock’s fifty day moving average price is $11.86 and its 200 day moving average price is $16.18. ProShares UltraPro Short Russell 2000 has a 1 year low of $10.22 and a 1 year high of $37.27.

Hedge Funds Weigh In On ProShares UltraPro Short Russell 2000

Hedge funds have recently made changes to their positions in the company. Simplex Trading LLC acquired a new position in shares of ProShares UltraPro Short Russell 2000 in the 1st quarter valued at $70,000. JPMorgan Chase & Co. boosted its holdings in ProShares UltraPro Short Russell 2000 by 495.3% in the second quarter. JPMorgan Chase & Co. now owns 6,608 shares of the exchange traded fund’s stock valued at $113,000 after purchasing an additional 5,498 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in ProShares UltraPro Short Russell 2000 by 3,171.7% in the second quarter. Qube Research & Technologies Ltd now owns 8,670 shares of the exchange traded fund’s stock valued at $148,000 after purchasing an additional 8,405 shares during the last quarter. StoneX Group Inc. purchased a new stake in ProShares UltraPro Short Russell 2000 in the second quarter valued at $173,000. Finally, Flow Traders U.S. LLC purchased a new stake in ProShares UltraPro Short Russell 2000 in the second quarter valued at $347,000.

ProShares UltraPro Short Russell 2000 Company Profile

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.