ProShares UltraShort Industrials (NYSEARCA:SIJ) Short Interest Down 14.3% in February

ProShares UltraShort Industrials (NYSEARCA:SIJ) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 2,752 shares, a decline of 14.3% from the January 29th total of 3,211 shares. Approximately 2.5% of the shares of the stock are sold short. Based on an average daily volume of 49,158 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 49,158 shares, the short-interest ratio is presently 0.1 days. Approximately 2.5% of the shares of the stock are sold short.

ProShares UltraShort Industrials Trading Down 0.3%

NYSEARCA:SIJ traded down $0.03 during trading hours on Wednesday, reaching $8.84. 32,375 shares of the company’s stock were exchanged, compared to its average volume of 21,593. The business’s 50-day simple moving average is $9.81 and its two-hundred day simple moving average is $11.11. ProShares UltraShort Industrials has a 12 month low of $8.51 and a 12 month high of $23.72.

Institutional Trading of ProShares UltraShort Industrials

A hedge fund recently bought a new stake in ProShares UltraShort Industrials stock. IMC Chicago LLC bought a new position in ProShares UltraShort Industrials (NYSEARCA:SIJ) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 27,052 shares of the company’s stock, valued at approximately $306,000. IMC Chicago LLC owned approximately 24.59% of ProShares UltraShort Industrials at the end of the most recent reporting period.

ProShares UltraShort Industrials Company Profile

ProShares UltraShort Industrials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.