ProShares Short SmallCap600 (NYSEARCA:SBB) Short Interest Update

ProShares Short SmallCap600 (NYSEARCA:SBB) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 215 shares, a decrease of 87.9% from the December 15th total of 1,770 shares. Based on an average daily volume of 1,322 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,322 shares, the short-interest ratio is currently 0.2 days.

ProShares Short SmallCap600 Trading Down 0.5%

Shares of SBB traded down $0.07 during midday trading on Wednesday, hitting $12.92. The company’s stock had a trading volume of 2,133 shares, compared to its average volume of 3,470. ProShares Short SmallCap600 has a one year low of $12.90 and a one year high of $18.64. The company’s fifty day simple moving average is $13.64 and its two-hundred day simple moving average is $14.06.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Short SmallCap600 stock. Susquehanna International Group LLP bought a new position in ProShares Short SmallCap600 (NYSEARCA:SBB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned about 7.64% of ProShares Short SmallCap600 at the end of the most recent quarter.

About ProShares Short SmallCap600

ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.