ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Sees Significant Increase in Short Interest

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 128 shares, an increase of 106.5% from the July 15th total of 62 shares. Based on an average trading volume of 115 shares, the short-interest ratio is currently 1.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC lifted its holdings in ProShares MSCI Transformational Changes ETF by 105.6% during the 4th quarter. Jane Street Group LLC now owns 15,208 shares of the company’s stock worth $764,000 after buying an additional 7,812 shares in the last quarter. Citadel Advisors LLC bought a new position in ProShares MSCI Transformational Changes ETF in the 3rd quarter valued at $318,000. Raymond James Financial Inc. acquired a new stake in shares of ProShares MSCI Transformational Changes ETF in the 2nd quarter valued at $43,000. Finally, Cetera Investment Advisers acquired a new stake in shares of ProShares MSCI Transformational Changes ETF in the 2nd quarter valued at $240,000.

ProShares MSCI Transformational Changes ETF Price Performance

Shares of ANEW stock traded down $0.07 during trading hours on Friday, reaching $53.63. 853 shares of the company were exchanged, compared to its average volume of 296. ProShares MSCI Transformational Changes ETF has a fifty-two week low of $44.25 and a fifty-two week high of $53.79. The stock’s fifty day moving average is $51.55 and its two-hundred day moving average is $49.62. The company has a market cap of $8.04 million, a price-to-earnings ratio of 29.96 and a beta of 1.02.

ProShares MSCI Transformational Changes ETF Company Profile

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection. ANEW was launched on Oct 14, 2020 and is managed by ProShares.