ProShares Short Financials (NYSEARCA:SEF) Stock Short Interest Report for October

ProShares Short Financials (NYSEARCA:SEF) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 13,869 shares, a growth of 1,288.3% from the September 30th total of 999 shares. Approximately 3.0% of the shares of the company are short sold. Based on an average trading volume of 16,604 shares, the days-to-cover ratio is presently 0.8 days.

ProShares Short Financials Trading Down 0.2%

Shares of ProShares Short Financials stock traded down $0.07 during trading on Monday, hitting $30.17. 2,026 shares of the company’s stock were exchanged, compared to its average volume of 18,784. The business has a 50-day simple moving average of $30.19 and a 200-day simple moving average of $31.51. ProShares Short Financials has a 52-week low of $28.87 and a 52-week high of $35.26.

ProShares Short Financials Company Profile

ProShares Short Financials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services economic sector of the United States equity market. Component companies include regional banks; United States-domiciled international banks; life and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association (Fannie Mae), credit card insurers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges.