Short Interest in ProShares UltraShort Russell 2000 (NYSEARCA:TWM) Expands By 90.0%

ProShares UltraShort Russell 2000 (NYSEARCA:TWM) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 109,682 shares, an increase of 90.0% from the May 31st total of 57,714 shares. Approximately 5.8% of the company’s shares are short sold. Based on an average daily volume of 713,867 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of ProShares UltraShort Russell 2000

Large investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in ProShares UltraShort Russell 2000 during the 1st quarter worth $668,000. Flow Traders U.S. LLC grew its stake in ProShares UltraShort Russell 2000 by 22.4% in the second quarter. Flow Traders U.S. LLC now owns 7,429 shares of the company’s stock valued at $321,000 after acquiring an additional 1,362 shares during the period. Qube Research & Technologies Ltd increased its holdings in shares of ProShares UltraShort Russell 2000 by 101.3% in the third quarter. Qube Research & Technologies Ltd now owns 902 shares of the company’s stock worth $31,000 after acquiring an additional 454 shares in the last quarter. IMC Chicago LLC bought a new stake in shares of ProShares UltraShort Russell 2000 in the fourth quarter worth about $1,201,000. Finally, Hillsdale Investment Management Inc. raised its position in shares of ProShares UltraShort Russell 2000 by 0.6% during the fourth quarter. Hillsdale Investment Management Inc. now owns 67,042 shares of the company’s stock worth $2,145,000 after purchasing an additional 430 shares during the period.

ProShares UltraShort Russell 2000 Stock Up 1.3%

NYSEARCA:TWM traded up $0.28 during trading hours on Thursday, hitting $21.11. The stock had a trading volume of 400,903 shares, compared to its average volume of 773,325. The business’s 50 day moving average is $23.15 and its 200-day moving average is $27.11. ProShares UltraShort Russell 2000 has a one year low of $20.37 and a one year high of $44.60.

ProShares UltraShort Russell 2000 Company Profile

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) 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.