ProShares UltraShort Russell 2000 (NYSEARCA:TWM) Short Interest Update

ProShares UltraShort Russell 2000 (NYSEARCA:TWM) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 116,906 shares, a growth of 548.4% from the December 31st total of 18,031 shares. Based on an average trading volume of 599,365 shares, the days-to-cover ratio is currently 0.2 days. Currently, 8.7% of the company’s shares are sold short. Currently, 8.7% of the company’s shares are sold short. Based on an average trading volume of 599,365 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of ProShares UltraShort Russell 2000

Several institutional investors and hedge funds have recently bought and sold shares of TWM. Qube Research & Technologies Ltd boosted its position in ProShares UltraShort Russell 2000 by 101.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 902 shares of the company’s stock valued at $31,000 after acquiring an additional 454 shares in the last quarter. Flow Traders U.S. LLC raised its position in shares of ProShares UltraShort Russell 2000 by 22.4% in the 2nd quarter. Flow Traders U.S. LLC now owns 7,429 shares of the company’s stock worth $321,000 after acquiring an additional 1,362 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of ProShares UltraShort Russell 2000 in the 1st quarter valued at approximately $668,000. Finally, Hillsdale Investment Management Inc. boosted its position in shares of ProShares UltraShort Russell 2000 by 25.1% during the second quarter. Hillsdale Investment Management Inc. now owns 37,772 shares of the company’s stock valued at $1,633,000 after purchasing an additional 7,570 shares in the last quarter.

ProShares UltraShort Russell 2000 Stock Up 1.2%

NYSEARCA TWM traded up $0.32 during trading on Wednesday, hitting $28.04. The company had a trading volume of 398,896 shares, compared to its average volume of 571,560. The company’s fifty day moving average is $30.66 and its 200-day moving average is $34.21. ProShares UltraShort Russell 2000 has a one year low of $26.33 and a one year high of $71.27.

ProShares UltraShort Russell 2000 Company Profile

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 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.