Short Interest in ProShares Large Cap Core Plus (BATS:CSM) Grows By 270.0%

ProShares Large Cap Core Plus (BATS:CSM) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 296 shares, a growth of 270.0% from the July 15th total of 80 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,663 shares, the days-to-cover ratio is presently 0.1 days.

ProShares Large Cap Core Plus Stock Up 0.1%

ProShares Large Cap Core Plus stock opened at $89.22 on Thursday. The company has a market capitalization of $564.76 million, a PE ratio of 20.56 and a beta of 1.02. The firm’s fifty day moving average is $85.92 and its 200 day moving average is $82.18. ProShares Large Cap Core Plus has a 12-month low of $72.79 and a 12-month high of $89.77.

Institutional Investors Weigh In On ProShares Large Cap Core Plus

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Soundwatch Capital LLC bought a new position in shares of ProShares Large Cap Core Plus in the fourth quarter valued at approximately $462,000. Waterfront Wealth Inc. lifted its holdings in ProShares Large Cap Core Plus by 23.1% during the first quarter. Waterfront Wealth Inc. now owns 134,277 shares of the company’s stock worth $10,047,000 after acquiring an additional 25,172 shares during the period. Intrua Financial LLC bought a new stake in ProShares Large Cap Core Plus during the fourth quarter worth $639,000. Manchester Financial Inc. boosted its position in ProShares Large Cap Core Plus by 2.3% in the first quarter. Manchester Financial Inc. now owns 31,488 shares of the company’s stock worth $2,356,000 after purchasing an additional 714 shares during the last quarter. Finally, RDA Financial Network purchased a new position in ProShares Large Cap Core Plus in the second quarter worth $217,000.

About ProShares Large Cap Core Plus

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. CSM was launched on Jul 14, 2009 and is managed by ProShares.