ProShares Short Russell2000 (NYSEARCA:RWM) Short Interest Down 50.0% in February

ProShares Short Russell2000 (NYSEARCA:RWM) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 399,909 shares, a decline of 50.0% from the January 29th total of 799,770 shares. Based on an average daily volume of 26,047,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 5.2% of the company’s stock are sold short. Currently, 5.2% of the company’s stock are sold short. Based on an average daily volume of 26,047,000 shares, the days-to-cover ratio is currently 0.0 days.

ProShares Short Russell2000 Price Performance

RWM traded up $0.28 during trading on Friday, reaching $15.50. The stock had a trading volume of 26,761,429 shares, compared to its average volume of 23,538,391. The stock’s 50 day moving average is $15.54 and its two-hundred day moving average is $16.40. ProShares Short Russell2000 has a one year low of $14.87 and a one year high of $23.99.

Institutional Investors Weigh In On ProShares Short Russell2000

Hedge funds have recently bought and sold shares of the business. Leuthold Group LLC grew its holdings in ProShares Short Russell2000 by 35.8% in the fourth quarter. Leuthold Group LLC now owns 817,685 shares of the company’s stock worth $13,386,000 after purchasing an additional 215,580 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of ProShares Short Russell2000 by 492,402.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 433,402 shares of the company’s stock valued at $7,095,000 after purchasing an additional 433,314 shares during the last quarter. UBS Group AG boosted its position in shares of ProShares Short Russell2000 by 175.7% in the 3rd quarter. UBS Group AG now owns 391,619 shares of the company’s stock worth $6,575,000 after purchasing an additional 249,586 shares in the last quarter. Gunderson Capital Management Inc. purchased a new stake in shares of ProShares Short Russell2000 in the 4th quarter worth approximately $5,084,000. Finally, AFG Fiduciary Services Limited Partnership increased its position in ProShares Short Russell2000 by 92.7% during the 3rd quarter. AFG Fiduciary Services Limited Partnership now owns 260,180 shares of the company’s stock valued at $4,361,000 after buying an additional 125,196 shares in the last quarter.

About ProShares Short Russell2000

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.