ProShares Short Russell2000 (NYSEARCA:RWM) Short Interest Up 56.4% in December

ProShares Short Russell2000 (NYSEARCA:RWM) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 989,596 shares, an increase of 56.4% from the November 30th total of 632,802 shares. Based on an average daily volume of 19,968,885 shares, the days-to-cover ratio is currently 0.0 days. Approximately 12.0% of the shares of the company are sold short. Approximately 12.0% of the shares of the company are sold short. Based on an average daily volume of 19,968,885 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of RWM. Bogart Wealth LLC acquired a new stake in ProShares Short Russell2000 in the 3rd quarter valued at approximately $29,000. Group One Trading LLC boosted its position in shares of ProShares Short Russell2000 by 74.7% in the second quarter. Group One Trading LLC now owns 2,970 shares of the company’s stock valued at $56,000 after acquiring an additional 1,270 shares during the period. Comerica Bank acquired a new stake in shares of ProShares Short Russell2000 in the first quarter worth $116,000. West Michigan Advisors LLC acquired a new stake in shares of ProShares Short Russell2000 in the second quarter worth $223,000. Finally, Flow Traders U.S. LLC bought a new position in ProShares Short Russell2000 during the second quarter worth $302,000.

ProShares Short Russell2000 Trading Up 0.5%

Shares of RWM stock opened at $16.02 on Monday. ProShares Short Russell2000 has a 12 month low of $15.81 and a 12 month high of $23.99. The business’s 50 day moving average is $16.55 and its two-hundred day moving average is $17.39.

About ProShares Short Russell2000

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.