ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) Short Interest Up 301.0% in August

ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 401 shares, a growth of 301.0% from the July 30th total of 100 shares. Based on an average trading volume of 104 shares, the days-to-cover ratio is presently 3.9 days. Currently, 0.2% of the shares of the company are sold short.

ProShares MSCI Europe Dividend Growers ETF Trading Down 0.4%

Shares of ProShares MSCI Europe Dividend Growers ETF stock opened at $55.59 on Friday. ProShares MSCI Europe Dividend Growers ETF has a 1 year low of $49.48 and a 1 year high of $56.11. The company’s fifty day simple moving average is $53.90 and its 200-day simple moving average is $53.43. The company has a market cap of $9.73 million, a price-to-earnings ratio of 23.46 and a beta of 0.88.

Institutional Trading of ProShares MSCI Europe Dividend Growers ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Arete Wealth Advisors LLC acquired a new position in shares of ProShares MSCI Europe Dividend Growers ETF during the first quarter valued at about $10,983,000. Jane Street Group LLC bought a new position in ProShares MSCI Europe Dividend Growers ETF during the fourth quarter valued at about $893,000. Susquehanna International Group LLP increased its stake in ProShares MSCI Europe Dividend Growers ETF by 14.3% during the third quarter. Susquehanna International Group LLP now owns 10,126 shares of the company’s stock valued at $532,000 after acquiring an additional 1,265 shares during the period. Flow Traders U.S. LLC acquired a new position in ProShares MSCI Europe Dividend Growers ETF in the 3rd quarter valued at approximately $359,000. Finally, Citadel Advisors LLC acquired a new position in ProShares MSCI Europe Dividend Growers ETF in the 3rd quarter valued at approximately $480,000.

ProShares MSCI Europe Dividend Growers ETF Company Profile

The ProShares MSCI Europe Dividend Growers ETF (EUDV) is an exchange-traded fund that is based on the MSCI Europe Dividend Masters index. The fund tracks an index of developed European companies with a history of stable dividend growth. EUDV was launched on Sep 10, 2015 and is managed by ProShares.