ProShares Short SmallCap600 (NYSEARCA:SBB) Short Interest Update

ProShares Short SmallCap600 (NYSEARCA:SBB) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 28 shares, a drop of 76.7% from the May 31st total of 120 shares. Based on an average daily trading volume, of 1,042 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

ProShares Short SmallCap600 Price Performance

SBB traded up $0.06 during trading on Monday, reaching $22.22. 707 shares of the stock were exchanged, compared to its average volume of 4,643. The stock’s 50 day moving average price is $23.77 and its two-hundred day moving average price is $25.25. ProShares Short SmallCap600 has a twelve month low of $22.16 and a twelve month high of $30.96.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Short SmallCap600 stock. Susquehanna International Group LLP bought a new stake in ProShares Short SmallCap600 (NYSEARCA:SBB) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned about 7.64% of ProShares Short SmallCap600 as of its most recent filing with the Securities and Exchange Commission.

ProShares Short SmallCap600 Company Profile

ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 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.