ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Up 75.0% in June

ProShares UltraShort Semiconductors (NYSEARCA:SSG) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 34,826 shares, a growth of 75.0% from the May 31st total of 19,898 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average trading volume of 1,370,460 shares, the days-to-cover ratio is presently 0.0 days.

ProShares UltraShort Semiconductors Trading Up 1.5%

ProShares UltraShort Semiconductors stock opened at $12.57 on Thursday. The firm has a 50 day simple moving average of $14.09 and a 200 day simple moving average of $23.26. ProShares UltraShort Semiconductors has a 1-year low of $10.91 and a 1-year high of $52.48.

Institutional Investors Weigh In On ProShares UltraShort Semiconductors

An institutional investor recently bought a new stake in ProShares UltraShort Semiconductors stock. Quantinno Capital Management LP purchased a new stake in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 17,000 shares of the company’s stock, valued at approximately $510,000. Quantinno Capital Management LP owned approximately 0.96% of ProShares UltraShort Semiconductors as of its most recent SEC filing.

About ProShares UltraShort Semiconductors

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.