Short Interest in ProShares UltraShort Semiconductors (NYSEARCA:SSG) Expands By 113.3%

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 30,602 shares, a growth of 113.3% from the April 15th total of 14,349 shares. Based on an average daily trading volume, of 357,903 shares, the short-interest ratio is presently 0.1 days. Currently, 1.7% of the company’s stock are sold short.

Institutional Investors Weigh In On ProShares UltraShort Semiconductors

An institutional investor recently raised its position in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP increased its position in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 94.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,064 shares of the company’s stock after buying an additional 10,257 shares during the period. Susquehanna International Group LLP owned 1.24% of ProShares UltraShort Semiconductors worth $195,000 as of its most recent filing with the SEC.

ProShares UltraShort Semiconductors Trading Up 8.7%

SSG stock opened at $14.17 on Friday. ProShares UltraShort Semiconductors has a 52-week low of $12.91 and a 52-week high of $78.44. The business has a 50-day simple moving average of $23.40 and a two-hundred day simple moving average of $27.58.

ProShares UltraShort Semiconductors Company Profile

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.