ProShares Short Real Estate (NYSEARCA:REK) Stock Short Interest Report for October

ProShares Short Real Estate (NYSEARCA:REK) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 14,062 shares, a decline of 71.5% from the September 30th total of 49,312 shares. Approximately 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 62,495 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On ProShares Short Real Estate

An institutional investor recently raised its stake in ProShares Short Real Estate stock. IMC Chicago LLC grew its stake in ProShares Short Real Estate (NYSEARCA:REK) by 4.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,048 shares of the company’s stock after buying an additional 791 shares during the period. IMC Chicago LLC owned approximately 2.54% of ProShares Short Real Estate worth $324,000 at the end of the most recent reporting period.

ProShares Short Real Estate Stock Up 1.1%

Shares of NYSEARCA REK traded up $0.18 during midday trading on Wednesday, hitting $16.42. 1,352 shares of the company’s stock were exchanged, compared to its average volume of 16,057. The business’s fifty day moving average price is $16.17 and its two-hundred day moving average price is $16.07. ProShares Short Real Estate has a 12-month low of $14.89 and a 12-month high of $17.64.

ProShares Short Real Estate Company Profile

ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.