Short Interest in ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) Decreases By 77.9%

ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, a decrease of 77.9% from the July 15th total of 453 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 195 shares, the days-to-cover ratio is presently 0.5 days.

ProShares MSCI Europe Dividend Growers ETF Stock Performance

Shares of BATS EUDV opened at $54.93 on Thursday. The company has a 50 day simple moving average of $53.40 and a two-hundred day simple moving average of $53.28. ProShares MSCI Europe Dividend Growers ETF has a fifty-two week low of $49.48 and a fifty-two week high of $56.05. The company has a market capitalization of $9.61 million, a price-to-earnings ratio of 23.46 and a beta of 0.88.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. purchased a new position in ProShares MSCI Europe Dividend Growers ETF during the second quarter valued at $27,000. Flow Traders U.S. LLC bought a new stake in ProShares MSCI Europe Dividend Growers ETF in the third quarter worth $359,000. Citadel Advisors LLC purchased a new stake in shares of ProShares MSCI Europe Dividend Growers ETF in the third quarter worth $480,000. Susquehanna International Group LLP grew its stake in shares of ProShares MSCI Europe Dividend Growers ETF by 14.3% in the third quarter. Susquehanna International Group LLP now owns 10,126 shares of the company’s stock worth $532,000 after acquiring an additional 1,265 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of ProShares MSCI Europe Dividend Growers ETF during the fourth quarter valued at $893,000.

About ProShares MSCI Europe Dividend Growers ETF

The ProShares MSCI Europe Dividend Growers ETF (EUDV) is an exchange-traded fund that is based on the MSCI Europe Dividend Masters index. The fund tracks an index of developed European companies with a history of stable dividend growth. EUDV was launched on Sep 10, 2015 and is managed by ProShares.