ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) Short Interest Update

ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 2,921 shares, a decline of 62.7% from the August 31st total of 7,830 shares. Based on an average daily volume of 119,172 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of ProShares High Yield-Interest Rate Hedged ETF

A number of institutional investors and hedge funds have recently made changes to their positions in HYHG. Larry Mathis Financial Planning LLC raised its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 0.3% during the 1st quarter. Larry Mathis Financial Planning LLC now owns 86,357 shares of the company’s stock worth $5,503,000 after buying an additional 280 shares during the period. Envestnet Asset Management Inc. grew its stake in ProShares High Yield-Interest Rate Hedged ETF by 0.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 73,756 shares of the company’s stock valued at $4,785,000 after acquiring an additional 655 shares during the period. Alta Fundamental Advisers LLC acquired a new stake in ProShares High Yield-Interest Rate Hedged ETF in the 4th quarter valued at $3,128,000. The Manufacturers Life Insurance Company acquired a new stake in ProShares High Yield-Interest Rate Hedged ETF in the 2nd quarter valued at $2,297,000. Finally, Tactive Advisors LLC increased its holdings in ProShares High Yield-Interest Rate Hedged ETF by 40.6% in the 1st quarter. Tactive Advisors LLC now owns 25,186 shares of the company’s stock worth $1,605,000 after acquiring an additional 7,271 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Stock Down 0.4%

BATS HYHG opened at $64.50 on Friday. The stock has a 50-day moving average of $64.71 and a 200 day moving average of $64.58. ProShares High Yield-Interest Rate Hedged ETF has a twelve month low of $63.00 and a twelve month high of $66.22.

About ProShares High Yield-Interest Rate Hedged ETF

The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys. HYHG was launched on May 21, 2013 and is managed by ProShares.