ProShares UltraShort Industrials (NYSEARCA:SIJ) Short Interest Update

ProShares UltraShort Industrials (NYSEARCA:SIJ) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 7,474 shares, a growth of 171.6% from the February 12th total of 2,752 shares. Based on an average daily trading volume, of 11,618 shares, the short-interest ratio is presently 0.6 days. Currently, 6.8% of the shares of the company are sold short. Currently, 6.8% of the shares of the company are sold short. Based on an average daily trading volume, of 11,618 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares UltraShort Industrials stock. IMC Chicago LLC bought a new position in ProShares UltraShort Industrials (NYSEARCA:SIJ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 27,052 shares of the company’s stock, valued at approximately $306,000. IMC Chicago LLC owned 24.59% of ProShares UltraShort Industrials as of its most recent filing with the Securities and Exchange Commission.

ProShares UltraShort Industrials Stock Performance

SIJ stock traded up $0.09 during trading on Friday, hitting $10.11. The company had a trading volume of 28,819 shares, compared to its average volume of 27,072. ProShares UltraShort Industrials has a 1-year low of $8.51 and a 1-year high of $23.72. The firm has a 50-day moving average price of $9.56 and a 200-day moving average price of $10.98.

About ProShares UltraShort Industrials

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.