ProShares Short Dow30 (NYSEARCA:DOG) Sees Significant Increase in Short Interest

ProShares Short Dow30 (NYSEARCA:DOG) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 428,453 shares, a growth of 171.6% from the September 15th total of 157,738 shares. Approximately 7.8% of the shares of the company are short sold. Based on an average daily volume of 7,651,401 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On ProShares Short Dow30

Large investors have recently bought and sold shares of the business. Squarepoint Ops LLC acquired a new stake in shares of ProShares Short Dow30 during the 2nd quarter worth approximately $863,000. Arkadios Wealth Advisors acquired a new position in ProShares Short Dow30 during the 1st quarter valued at approximately $9,560,000. Renaissance Technologies LLC acquired a new position in ProShares Short Dow30 during the 1st quarter valued at approximately $2,090,000. Group One Trading LLC boosted its position in ProShares Short Dow30 by 3,260.9% during the 1st quarter. Group One Trading LLC now owns 1,546 shares of the company’s stock valued at $38,000 after purchasing an additional 1,500 shares during the period. Finally, IMC Chicago LLC bought a new position in ProShares Short Dow30 during the 1st quarter worth $544,000.

ProShares Short Dow30 Trading Down 0.3%

Shares of ProShares Short Dow30 stock traded down $0.06 during trading hours on Monday, reaching $21.93. The company’s stock had a trading volume of 5,119,169 shares, compared to its average volume of 4,369,174. The company’s 50 day simple moving average is $21.62 and its 200 day simple moving average is $22.26. ProShares Short Dow30 has a one year low of $20.77 and a one year high of $25.12.

ProShares Short Dow30 Company Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.