ProShares Short Real Estate (NYSEARCA:REK) Short Interest Update

ProShares Short Real Estate (NYSEARCA:REK) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 4,098 shares, a decline of 36.7% from the December 31st total of 6,478 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily volume of 15,575 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 15,575 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.7% of the shares of the stock are short sold.

ProShares Short Real Estate Trading Down 0.2%

ProShares Short Real Estate stock traded down $0.04 during trading hours on Friday, reaching $16.82. 11,826 shares of the stock were exchanged, compared to its average volume of 16,066. The stock has a 50 day moving average of $17.10 and a two-hundred day moving average of $16.94. ProShares Short Real Estate has a twelve month low of $16.35 and a twelve month high of $19.61.

Institutional Investors Weigh In On ProShares Short Real Estate

An institutional investor recently raised its position in ProShares Short Real Estate stock. IMC Chicago LLC lifted its holdings in shares of ProShares Short Real Estate (NYSEARCA:REK) by 13.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,257 shares of the company’s stock after buying an additional 2,200 shares during the period. IMC Chicago LLC owned about 2.99% of ProShares Short Real Estate worth $314,000 as of its most recent filing with the SEC.

ProShares Short Real Estate Company Profile

ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.