Short Interest in ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Expands By 74.2%

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 49,527 shares, a growth of 74.2% from the June 30th total of 28,439 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 61,822 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of REGL. Hollencrest Capital Management raised its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 0.7% during the fourth quarter. Hollencrest Capital Management now owns 17,609 shares of the company’s stock worth $1,483,000 after purchasing an additional 125 shares during the period. Nations Financial Group Inc. IA ADV increased its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 4.0% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 14,620 shares of the company’s stock valued at $1,263,000 after purchasing an additional 567 shares during the period. Garton & Associates Financial Advisors LLC purchased a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 4th quarter worth approximately $50,000. Ascentis Independent Advisors purchased a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the first quarter worth $70,000. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 410.8% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,037 shares of the company’s stock worth $89,000 after purchasing an additional 834 shares in the last quarter.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Performance

REGL stock opened at $93.73 on Friday. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 1 year low of $80.52 and a 1 year high of $95.97. The stock’s fifty day moving average is $91.07 and its two-hundred day moving average is $89.88. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 16.11 and a beta of 0.80.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is an exchange-traded fund that is based on the S&P MidCap 400 Dividend Aristocrats index. The fund tracks an equal-weighted index of mid-cap companies that have increased their dividends for at least 15-consecutive years. REGL was launched on Feb 5, 2015 and is managed by ProShares.