ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Down 60.5% in December

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 3,713 shares, a decline of 60.5% from the December 15th total of 9,407 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily volume of 50,602 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 50,602 shares, the short-interest ratio is currently 0.1 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Investors Weigh In On ProShares UltraShort Semiconductors

An institutional investor recently raised its position in ProShares UltraShort Semiconductors stock. Csenge Advisory Group lifted its position in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 29.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,928 shares of the company’s stock after buying an additional 8,592 shares during the period. Csenge Advisory Group owned approximately 2.00% of ProShares UltraShort Semiconductors worth $350,000 as of its most recent SEC filing.

ProShares UltraShort Semiconductors Price Performance

NYSEARCA:SSG traded up $0.87 during mid-day trading on Wednesday, reaching $29.29. The stock had a trading volume of 107,040 shares, compared to its average volume of 75,127. ProShares UltraShort Semiconductors has a twelve month low of $27.02 and a twelve month high of $198.28. The business has a 50 day simple moving average of $31.41 and a 200 day simple moving average of $37.77.

ProShares UltraShort Semiconductors Company Profile

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.