ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 120 shares, a growth of 160.9% from the May 14th total of 46 shares. Based on an average daily volume of 7,401 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are short sold.
ProShares Short SmallCap600 Stock Performance
ProShares Short SmallCap600 stock traded down $0.24 during mid-day trading on Friday, reaching $22.95. 1,469 shares of the company’s stock were exchanged, compared to its average volume of 5,010. The business’s fifty day simple moving average is $24.29 and its 200 day simple moving average is $25.58. ProShares Short SmallCap600 has a one year low of $22.85 and a one year high of $31.62.
Institutional Trading of ProShares Short SmallCap600
An institutional investor recently bought a new position in ProShares Short SmallCap600 stock. Susquehanna International Group LLP bought a new position in ProShares Short SmallCap600 (NYSEARCA:SBB – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned about 7.64% of ProShares Short SmallCap600 at the end of the most recent reporting period.
ProShares Short SmallCap600 Company Profile
ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 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.
Read More
- Five stocks we like better than ProShares Short SmallCap600
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for ProShares Short SmallCap600 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short SmallCap600 and related companies with MarketBeat.com's FREE daily email newsletter.
