ProShares UltraShort Consumer Staples (NYSEARCA:SZK) Short Interest Update

ProShares UltraShort Consumer Staples (NYSEARCA:SZK) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 211 shares, a decrease of 66.3% from the July 15th total of 626 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 4,941 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of ProShares UltraShort Consumer Staples

A hedge fund recently bought a new stake in ProShares UltraShort Consumer Staples stock. Susquehanna International Group LLP purchased a new stake in shares of ProShares UltraShort Consumer Staples (NYSEARCA:SZK) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 12,613 shares of the company’s stock, valued at approximately $160,000. Susquehanna International Group LLP owned approximately 21.02% of ProShares UltraShort Consumer Staples at the end of the most recent reporting period.

ProShares UltraShort Consumer Staples Stock Down 0.1%

Shares of NYSEARCA:SZK traded down $0.03 during mid-day trading on Friday, hitting $20.57. 632 shares of the company traded hands, compared to its average volume of 4,415. ProShares UltraShort Consumer Staples has a 12-month low of $18.40 and a 12-month high of $27.72. The stock has a 50-day moving average price of $21.37 and a two-hundred day moving average price of $21.62.

About ProShares UltraShort Consumer Staples

ProShares UltraShort Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods 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.