ProShares Short SmallCap600 (NYSEARCA:SBB) Short Interest Down 93.2% in December

ProShares Short SmallCap600 (NYSEARCA:SBB) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,770 shares, a drop of 93.2% from the November 30th total of 26,137 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 2,688 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 2,688 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Trading of ProShares Short SmallCap600

An institutional investor recently bought a new position in ProShares Short SmallCap600 stock. Susquehanna International Group LLP bought a new stake in shares of ProShares Short SmallCap600 (NYSEARCA:SBB) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned about 7.64% of ProShares Short SmallCap600 at the end of the most recent quarter.

ProShares Short SmallCap600 Stock Down 1.0%

ProShares Short SmallCap600 stock traded down $0.13 during midday trading on Wednesday, reaching $13.30. 400 shares of the company traded hands, compared to its average volume of 4,517. ProShares Short SmallCap600 has a 12 month low of $13.20 and a 12 month high of $18.64. The business has a 50 day moving average of $13.83 and a two-hundred day moving average of $14.29.

ProShares Short SmallCap600 Company Profile

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. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.