ProShares S&P 500 High Income ETF (BATS:ISPY) Short Interest Update

ProShares S&P 500 High Income ETF (BATS:ISPY) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 29,379 shares, a decrease of 55.7% from the April 15th total of 66,383 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 116,384 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of ProShares S&P 500 High Income ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. NBC Securities Inc. purchased a new stake in shares of ProShares S&P 500 High Income ETF in the fourth quarter worth approximately $27,000. Sarver Vrooman Wealth Advisors purchased a new stake in shares of ProShares S&P 500 High Income ETF in the fourth quarter worth approximately $34,000. Huntington National Bank purchased a new stake in shares of ProShares S&P 500 High Income ETF in the fourth quarter worth approximately $34,000. Mark Sheptoff Financial Planning LLC raised its stake in shares of ProShares S&P 500 High Income ETF by 74.8% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 783 shares of the company’s stock worth $36,000 after purchasing an additional 335 shares during the last quarter. Finally, MidFirst Bank purchased a new stake in shares of ProShares S&P 500 High Income ETF in the fourth quarter worth approximately $51,000.

ProShares S&P 500 High Income ETF Stock Down 1.4%

Shares of ProShares S&P 500 High Income ETF stock opened at $47.76 on Friday. The company has a market cap of $970.48 million, a PE ratio of 25.81 and a beta of 0.87. ProShares S&P 500 High Income ETF has a 52 week low of $39.60 and a 52 week high of $48.47. The business has a 50 day moving average price of $45.22 and a 200-day moving average price of $45.57.

About ProShares S&P 500 High Income ETF

The ProShares S&P 500 High Income ETF (ISPY) is an exchange-traded fund that is based on the S&P 500 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on the stocks of the S&P 500 Index. The fund seeks generate a high level of income combined with the performance returns of the S&P 500 Index over the long term. ISPY was launched on Dec 18, 2023 and is issued by ProShares.