ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Short Interest Down 53.1% in August

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 60 shares, a decrease of 53.1% from the July 30th total of 128 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 408 shares, the days-to-cover ratio is presently 0.1 days.

ProShares MSCI Transformational Changes ETF Price Performance

Shares of ANEW traded down $0.02 during trading hours on Friday, hitting $54.62. The company’s stock had a trading volume of 16 shares, compared to its average volume of 284. The company has a market cap of $8.19 million, a price-to-earnings ratio of 29.96 and a beta of 1.02. The business has a 50 day simple moving average of $52.33 and a two-hundred day simple moving average of $49.91. ProShares MSCI Transformational Changes ETF has a 52-week low of $44.25 and a 52-week high of $54.93.

Institutional Investors Weigh In On ProShares MSCI Transformational Changes ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new position in shares of ProShares MSCI Transformational Changes ETF in the second quarter worth $43,000. Cetera Investment Advisers purchased a new stake in ProShares MSCI Transformational Changes ETF during the 2nd quarter worth about $240,000. Citadel Advisors LLC purchased a new stake in ProShares MSCI Transformational Changes ETF during the 3rd quarter worth about $318,000. Finally, Jane Street Group LLC boosted its stake in ProShares MSCI Transformational Changes ETF by 105.6% in the 4th quarter. Jane Street Group LLC now owns 15,208 shares of the company’s stock worth $764,000 after purchasing an additional 7,812 shares during the period.

ProShares MSCI Transformational Changes ETF Company Profile

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection. ANEW was launched on Oct 14, 2020 and is managed by ProShares.