Short Interest in ProShares UltraShort Russell 2000 (NYSEARCA:TWM) Declines By 51.2%

ProShares UltraShort Russell 2000 (NYSEARCA:TWM) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 61,788 shares, a decrease of 51.2% from the July 15th total of 126,707 shares. Currently, 3.1% of the company’s shares are sold short. Based on an average daily trading volume, of 592,404 shares, the short-interest ratio is currently 0.1 days.

ProShares UltraShort Russell 2000 Stock Up 2.2%

Shares of NYSEARCA:TWM traded up $0.45 during midday trading on Tuesday, reaching $20.77. The company’s stock had a trading volume of 380,605 shares, compared to its average volume of 719,572. ProShares UltraShort Russell 2000 has a fifty-two week low of $20.16 and a fifty-two week high of $40.21. The firm has a 50 day moving average price of $21.45 and a two-hundred day moving average price of $25.17.

Institutional Investors Weigh In On ProShares UltraShort Russell 2000

A number of hedge funds have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd raised its position in shares of ProShares UltraShort Russell 2000 by 101.3% during the third quarter. Qube Research & Technologies Ltd now owns 902 shares of the company’s stock worth $31,000 after purchasing an additional 454 shares during the period. Flow Traders U.S. LLC raised its holdings in ProShares UltraShort Russell 2000 by 22.4% during the second quarter. Flow Traders U.S. LLC now owns 7,429 shares of the company’s stock worth $321,000 after buying an additional 1,362 shares during the last quarter. Jane Street Group LLC bought a new position in shares of ProShares UltraShort Russell 2000 in the fourth quarter valued at $664,000. IMC Chicago LLC acquired a new position in shares of ProShares UltraShort Russell 2000 during the fourth quarter valued at about $1,201,000. Finally, Tower Research Capital LLC TRC increased its position in shares of ProShares UltraShort Russell 2000 by 549,942.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 38,503 shares of the company’s stock worth $1,232,000 after acquiring an additional 38,496 shares in the last quarter.

About ProShares UltraShort Russell 2000

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 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.