ProShares Short Dow30 (NYSEARCA:DOG) Shares Shorted: Short Interest Down 34.9% in October

ProShares Short Dow30 (NYSEARCA:DOG) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 278,949 shares, a drop of 34.9% from the September 30th total of 428,453 shares. Approximately 5.8% of the company’s stock are sold short. Based on an average daily volume of 9,860,791 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On ProShares Short Dow30

A number of institutional investors have recently made changes to their positions in DOG. Group One Trading LLC lifted its position in shares of ProShares Short Dow30 by 3,260.9% during the 1st quarter. Group One Trading LLC now owns 1,546 shares of the company’s stock valued at $38,000 after acquiring an additional 1,500 shares during the period. Maltin Wealth Management Inc. acquired a new stake in ProShares Short Dow30 during the third quarter worth about $405,000. IMC Chicago LLC acquired a new stake in ProShares Short Dow30 during the first quarter worth about $544,000. Squarepoint Ops LLC bought a new position in ProShares Short Dow30 in the 2nd quarter valued at about $863,000. Finally, Renaissance Technologies LLC bought a new position in ProShares Short Dow30 in the 1st quarter valued at about $2,090,000.

ProShares Short Dow30 Trading Up 0.3%

Shares of ProShares Short Dow30 stock traded up $0.07 on Tuesday, reaching $21.99. 5,767,465 shares of the company were exchanged, compared to its average volume of 4,743,713. ProShares Short Dow30 has a one year low of $20.77 and a one year high of $25.12. The company has a 50-day moving average of $21.81 and a 200 day moving average of $22.48.

About ProShares Short Dow30

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.