ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Update

ProShares UltraShort Semiconductors (NYSEARCA:SSG) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 7,153 shares, a drop of 47.8% from the January 29th total of 13,712 shares. Based on an average trading volume of 236,297 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.0% of the shares of the company are sold short. Approximately 1.0% of the shares of the company are sold short. Based on an average trading volume of 236,297 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On ProShares UltraShort Semiconductors

An institutional investor recently raised its position in ProShares UltraShort Semiconductors stock. Csenge Advisory Group boosted its stake in ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 29.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,928 shares of the company’s stock after buying an additional 8,592 shares during the quarter. Csenge Advisory Group owned approximately 2.00% of ProShares UltraShort Semiconductors worth $350,000 at the end of the most recent quarter.

ProShares UltraShort Semiconductors Stock Performance

Shares of NYSEARCA SSG traded up $1.36 during trading hours on Friday, reaching $28.70. The stock had a trading volume of 197,024 shares, compared to its average volume of 159,760. ProShares UltraShort Semiconductors has a twelve month low of $24.77 and a twelve month high of $198.28. The business’s fifty day moving average is $28.33 and its two-hundred day moving average is $33.42.

ProShares UltraShort Semiconductors Company Profile

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.