ProShares UltraShort Semiconductors (NYSEARCA:SSG) Sees Large Drop in Short Interest

ProShares UltraShort Semiconductors (NYSEARCA:SSGGet Free Report) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 21,152 shares, a decrease of 56.9% from the July 15th total of 49,055 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 911,233 shares, the days-to-cover ratio is currently 0.0 days.

ProShares UltraShort Semiconductors Stock Up 1.3%

SSG traded up $0.15 during trading on Friday, reaching $11.37. 250,035 shares of the company’s stock were exchanged, compared to its average volume of 525,867. ProShares UltraShort Semiconductors has a fifty-two week low of $10.91 and a fifty-two week high of $47.75. The business has a 50 day moving average price of $12.69 and a 200 day moving average price of $19.42.

Institutional Trading of ProShares UltraShort Semiconductors

An institutional investor recently raised its stake in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP boosted its holdings in ProShares UltraShort Semiconductors (NYSEARCA:SSGFree Report) by 94.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,064 shares of the company’s stock after acquiring an additional 10,257 shares during the quarter. Susquehanna International Group LLP owned 1.24% of ProShares UltraShort Semiconductors worth $195,000 at the end of the most recent quarter.

ProShares UltraShort Semiconductors Company Profile

(Get Free Report)

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.

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