ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) Short Interest Down 90.3% in August

ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 9,966 shares, a drop of 90.3% from the July 30th total of 102,755 shares. Based on an average trading volume of 34,292 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of ProShares High Yield-Interest Rate Hedged ETF

A number of hedge funds have recently made changes to their positions in HYHG. Royal Bank of Canada increased its position in ProShares High Yield-Interest Rate Hedged ETF by 2.2% during the first quarter. Royal Bank of Canada now owns 8,666 shares of the company’s stock valued at $555,000 after acquiring an additional 190 shares during the last quarter. Mariner LLC raised its holdings in ProShares High Yield-Interest Rate Hedged ETF by 3.2% during the 4th quarter. Mariner LLC now owns 7,607 shares of the company’s stock valued at $490,000 after buying an additional 235 shares during the period. Larry Mathis Financial Planning LLC raised its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 0.3% in the first quarter. Larry Mathis Financial Planning LLC now owns 86,357 shares of the company’s stock worth $5,503,000 after buying an additional 280 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 2.9% in the first quarter. Geneos Wealth Management Inc. now owns 10,341 shares of the company’s stock valued at $659,000 after purchasing an additional 294 shares during the period. Finally, HighTower Advisors LLC grew its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 3.6% during the 4th quarter. HighTower Advisors LLC now owns 10,499 shares of the company’s stock worth $676,000 after buying an additional 366 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Trading Up 0.1%

BATS:HYHG traded up $0.08 during mid-day trading on Thursday, hitting $64.90. 83,813 shares of the company’s stock were exchanged, compared to its average volume of 17,183. ProShares High Yield-Interest Rate Hedged ETF has a one year low of $63.00 and a one year high of $66.34. The business has a fifty day moving average price of $64.72 and a 200 day moving average price of $64.53.

ProShares High Yield-Interest Rate Hedged ETF Company Profile

The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys. HYHG was launched on May 21, 2013 and is managed by ProShares.