ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Sees Large Increase in Short Interest

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 518 shares, an increase of 144.3% from the September 15th total of 212 shares. Based on an average daily trading volume, of 5,994 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

ProShares S&P Technology Dividend Aristocrats ETF Price Performance

ProShares S&P Technology Dividend Aristocrats ETF stock opened at $100.07 on Thursday. The stock’s 50 day moving average price is $101.42 and its 200 day moving average price is $99.02. ProShares S&P Technology Dividend Aristocrats ETF has a 1-year low of $81.52 and a 1-year high of $106.70. The company has a market cap of $307.21 million, a PE ratio of 28.94 and a beta of 1.08.

Institutional Investors Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Coston McIsaac & Partners boosted its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 8.1% during the 1st quarter. Coston McIsaac & Partners now owns 35,380 shares of the company’s stock worth $2,997,000 after purchasing an additional 2,660 shares in the last quarter. Ascentis Independent Advisors grew its stake in shares of ProShares S&P Technology Dividend Aristocrats ETF by 332.6% during the 1st quarter. Ascentis Independent Advisors now owns 20,333 shares of the company’s stock worth $1,722,000 after purchasing an additional 15,633 shares during the period. Finally, Magnolia Capital Management Ltd. purchased a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF in the 2nd quarter valued at about $239,000.

About ProShares S&P Technology Dividend Aristocrats ETF

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.