Short Interest in ProShares Short Russell2000 (NYSEARCA:RWM) Decreases By 19.8%

ProShares Short Russell2000 (NYSEARCA:RWM) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 799,770 shares, a drop of 19.8% from the January 15th total of 997,409 shares. Approximately 10.5% of the company’s stock are sold short. Based on an average daily trading volume, of 22,852,473 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 22,852,473 shares, the short-interest ratio is presently 0.0 days. Approximately 10.5% of the company’s stock are sold short.

ProShares Short Russell2000 Stock Down 1.2%

NYSEARCA:RWM traded down $0.18 during trading hours on Monday, hitting $15.39. 28,386,055 shares of the company’s stock traded hands, compared to its average volume of 23,590,482. The stock’s fifty day moving average price is $15.69 and its two-hundred day moving average price is $16.59. ProShares Short Russell2000 has a twelve month low of $14.87 and a twelve month high of $23.99.

Institutional Trading of ProShares Short Russell2000

Several institutional investors have recently made changes to their positions in RWM. Bogart Wealth LLC bought a new stake in ProShares Short Russell2000 in the third quarter worth $29,000. Group One Trading LLC boosted its stake in shares of ProShares Short Russell2000 by 74.7% during the 2nd quarter. Group One Trading LLC now owns 2,970 shares of the company’s stock worth $56,000 after acquiring an additional 1,270 shares in the last quarter. West Michigan Advisors LLC acquired a new position in shares of ProShares Short Russell2000 during the 2nd quarter valued at about $223,000. Total Wealth Planning & Management Inc. acquired a new position in shares of ProShares Short Russell2000 during the 4th quarter valued at about $241,000. Finally, Resonant Capital Advisors LLC raised its stake in shares of ProShares Short Russell2000 by 49.7% in the 4th quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock valued at $251,000 after acquiring an additional 5,092 shares in the last quarter.

ProShares Short Russell2000 Company Profile

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to 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. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.