ProShares Hedge Replication ETF (NYSEARCA:HDG) Short Interest Down 55.6% in January

ProShares Hedge Replication ETF (NYSEARCA:HDG) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 200 shares, a decrease of 55.6% from the December 31st total of 450 shares. Based on an average trading volume of 2,468 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,468 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. lifted its holdings in shares of ProShares Hedge Replication ETF by 2.1% in the third quarter. Raymond James Financial Inc. now owns 43,298 shares of the company’s stock worth $2,212,000 after acquiring an additional 895 shares during the last quarter. First PREMIER Bank increased its position in ProShares Hedge Replication ETF by 94.9% during the 4th quarter. First PREMIER Bank now owns 2,286 shares of the company’s stock worth $118,000 after purchasing an additional 1,113 shares in the last quarter. Susquehanna International Group LLP increased its position in ProShares Hedge Replication ETF by 38.3% during the 3rd quarter. Susquehanna International Group LLP now owns 10,504 shares of the company’s stock worth $537,000 after purchasing an additional 2,908 shares in the last quarter. National Bank of Canada FI grew its stake in shares of ProShares Hedge Replication ETF by 8.0% during the third quarter. National Bank of Canada FI now owns 7,046 shares of the company’s stock worth $359,000 after buying an additional 519 shares during the last quarter. Finally, Frederick Financial Consultants LLC increased its holdings in shares of ProShares Hedge Replication ETF by 2.4% during the second quarter. Frederick Financial Consultants LLC now owns 71,810 shares of the company’s stock worth $3,557,000 after buying an additional 1,684 shares in the last quarter.

ProShares Hedge Replication ETF Stock Down 0.3%

Shares of HDG stock traded down $0.17 during trading hours on Friday, reaching $52.37. The company’s stock had a trading volume of 3,943 shares, compared to its average volume of 2,187. The firm’s 50 day simple moving average is $51.95 and its 200-day simple moving average is $51.27. The company has a market capitalization of $24.61 million, a price-to-earnings ratio of 17.30 and a beta of 0.33. ProShares Hedge Replication ETF has a fifty-two week low of $46.28 and a fifty-two week high of $52.70.

About ProShares Hedge Replication ETF

The ProShares Hedge Replication ETF (HDG) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund tracks an index that uses long and short exposure to equity, Treasury and currency indexes, and individual securities to mimic the returns of a broad hedge fund index. HDG was launched on Jul 12, 2011 and is managed by ProShares.