ProShares Short Real Estate (NYSEARCA:REK) Stock Short Interest Report for October

ProShares Short Real Estate (NYSEARCA:REK) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 36,796 shares, a growth of 161.7% from the October 15th total of 14,062 shares. Approximately 5.7% of the company’s shares are short sold. Based on an average trading volume of 28,929 shares, the days-to-cover ratio is presently 1.3 days.

ProShares Short Real Estate Trading Up 0.2%

Shares of REK traded up $0.03 on Friday, reaching $15.59. The company’s stock had a trading volume of 1,751 shares, compared to its average volume of 16,590. The firm has a fifty day moving average of $16.21 and a 200-day moving average of $15.99. ProShares Short Real Estate has a twelve month low of $14.89 and a twelve month high of $17.64.

Hedge Funds Weigh In On ProShares Short Real Estate

A hedge fund recently raised its stake in ProShares Short Real Estate stock. IMC Chicago LLC grew its holdings in ProShares Short Real Estate (NYSEARCA:REK) by 4.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,048 shares of the company’s stock after purchasing an additional 791 shares during the period. IMC Chicago LLC owned approximately 2.54% of ProShares Short Real Estate worth $324,000 at the end of the most recent quarter.

ProShares Short Real Estate Company Profile

ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.