ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Sees Large Increase in Short Interest

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 32 shares, an increase of ∞ from the April 30th total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 226 shares, the short-interest ratio is presently 0.1 days.

ProShares MSCI Transformational Changes ETF Stock Down 0.1%

Shares of ProShares MSCI Transformational Changes ETF stock traded down $0.06 during midday trading on Tuesday, hitting $51.39. The company’s stock had a trading volume of 7 shares, compared to its average volume of 324. The firm has a market capitalization of $7.71 million, a P/E ratio of 29.96 and a beta of 1.02. The stock has a 50-day simple moving average of $48.20 and a 200-day simple moving average of $49.29. ProShares MSCI Transformational Changes ETF has a 1-year low of $44.25 and a 1-year high of $52.91.

Institutional Trading of ProShares MSCI Transformational Changes ETF

Several hedge funds and other institutional investors have recently modified their holdings of ANEW. Jane Street Group LLC raised its holdings in shares of ProShares MSCI Transformational Changes ETF by 141.2% during the first quarter. Jane Street Group LLC now owns 20,063 shares of the company’s stock worth $901,000 after acquiring an additional 11,745 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of ProShares MSCI Transformational Changes ETF during the second quarter worth $240,000. Raymond James Financial Inc. purchased a new stake in shares of ProShares MSCI Transformational Changes ETF during the second quarter worth $43,000. Finally, Citadel Advisors LLC purchased a new stake in shares of ProShares MSCI Transformational Changes ETF during the third quarter worth $318,000.

About ProShares MSCI Transformational Changes ETF

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection. ANEW was launched on Oct 14, 2020 and is managed by ProShares.