ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 28 shares, a decline of 76.7% from the May 31st total of 120 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,042 shares, the short-interest ratio is currently 0.0 days.
ProShares Short SmallCap600 Stock Performance
Shares of ProShares Short SmallCap600 stock traded down $0.22 on Friday, hitting $22.16. The company had a trading volume of 29 shares, compared to its average volume of 4,675. ProShares Short SmallCap600 has a 1 year low of $22.16 and a 1 year high of $30.96. The stock has a 50 day moving average of $23.77 and a 200-day moving average of $25.26.
Institutional Investors Weigh In On ProShares Short SmallCap600
An institutional investor recently bought a new stake in ProShares Short SmallCap600 stock. Susquehanna International Group LLP purchased a new stake in ProShares Short SmallCap600 (NYSEARCA:SBB – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned about 7.64% of ProShares Short SmallCap600 at the end of the most recent quarter.
ProShares Short SmallCap600 Company Profile
ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 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.
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