ProShares Short SmallCap600 (NYSEARCA:SBB) Sees Significant Decrease in Short Interest

ProShares Short SmallCap600 (NYSEARCA:SBB) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 46 shares, a decrease of 56.6% from the April 30th total of 106 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,621 shares, the short-interest ratio is presently 0.0 days.

ProShares Short SmallCap600 Stock Up 0.4%

Shares of SBB stock traded up $0.10 on Monday, hitting $23.85. 1,451 shares of the stock were exchanged, compared to its average volume of 5,362. The business has a 50-day moving average of $24.86 and a 200 day moving average of $25.89. ProShares Short SmallCap600 has a fifty-two week low of $23.48 and a fifty-two week high of $31.82.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Short SmallCap600 stock. Susquehanna International Group LLP acquired a new position in shares of ProShares Short SmallCap600 (NYSEARCA:SBB) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned 7.64% of ProShares Short SmallCap600 at the end of the most recent reporting period.

ProShares Short SmallCap600 Company Profile

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.