ProShares Inflation Expectations ETF (NYSEARCA:RINF) Sees Significant Increase in Short Interest

ProShares Inflation Expectations ETF (NYSEARCA:RINF) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,350 shares, an increase of 150.8% from the August 31st total of 2,931 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average trading volume of 4,757 shares, the short-interest ratio is currently 1.5 days.

ProShares Inflation Expectations ETF Trading Up 0.2%

Shares of ProShares Inflation Expectations ETF stock traded up $0.08 on Monday, hitting $32.60. 973 shares of the company were exchanged, compared to its average volume of 4,119. The company has a 50-day moving average price of $32.70 and a 200 day moving average price of $32.48. ProShares Inflation Expectations ETF has a 1-year low of $31.74 and a 1-year high of $33.09.

Hedge Funds Weigh In On ProShares Inflation Expectations ETF

A hedge fund recently raised its stake in ProShares Inflation Expectations ETF stock. Citadel Advisors LLC raised its stake in ProShares Inflation Expectations ETF (NYSEARCA:RINF) by 33.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,909 shares of the company’s stock after buying an additional 4,483 shares during the quarter. Citadel Advisors LLC owned approximately 3.20% of ProShares Inflation Expectations ETF worth $576,000 at the end of the most recent quarter.

ProShares Inflation Expectations ETF Company Profile

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.