ProShares Investment Grade Interest Rate Hedged (BATS:IGHG – Get Free Report) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 6,099 shares, a decrease of 67.0% from the October 15th total of 18,505 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 32,093 shares, the short-interest ratio is currently 0.2 days.
ProShares Investment Grade Interest Rate Hedged Stock Down 0.1%
Shares of IGHG opened at $77.35 on Friday. ProShares Investment Grade Interest Rate Hedged has a 1 year low of $76.54 and a 1 year high of $79.56. The business’s 50 day simple moving average is $77.55 and its 200-day simple moving average is $77.96.
Institutional Investors Weigh In On ProShares Investment Grade Interest Rate Hedged
Large investors have recently bought and sold shares of the business. Private Advisor Group LLC purchased a new stake in shares of ProShares Investment Grade Interest Rate Hedged during the 3rd quarter valued at about $376,000. HighTower Advisors LLC bought a new position in shares of ProShares Investment Grade Interest Rate Hedged in the 3rd quarter valued at about $1,036,000. Valtinson Bruner Financial Planning LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged in the third quarter worth about $406,000. Commonwealth Equity Services LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged in the third quarter worth about $929,000. Finally, SFE Investment Counsel purchased a new position in ProShares Investment Grade Interest Rate Hedged in the third quarter worth about $202,000.
ProShares Investment Grade Interest Rate Hedged Company Profile
The ProShares Investment Grade—Interest Rate Hedged (IGHG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with long exposure to USD-denominated investment-grade debt and short exposure to US Treasurys. The fund aims to minimize interest-rate risk. IGHG was launched on Nov 5, 2013 and is managed by ProShares.
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