ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Short Interest Up 169.5% in July

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 345 shares, an increase of 169.5% from the June 30th total of 128 shares. Based on an average trading volume of 5,443 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

Several large investors have recently made changes to their positions in the business. Sound Income Strategies LLC acquired a new position in ProShares S&P Technology Dividend Aristocrats ETF in the fourth quarter worth approximately $62,000. Janney Montgomery Scott LLC lifted its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 8.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock valued at $894,000 after acquiring an additional 815 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF during the 4th quarter worth $131,000. Magnolia Capital Management Ltd. bought a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF during the 2nd quarter worth $239,000. Finally, Coston McIsaac & Partners grew its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 8.1% in the 1st quarter. Coston McIsaac & Partners now owns 35,380 shares of the company’s stock worth $2,997,000 after acquiring an additional 2,660 shares during the last quarter.

ProShares S&P Technology Dividend Aristocrats ETF Trading Up 1.4%

TDV traded up $1.39 on Monday, reaching $98.17. The company had a trading volume of 806 shares, compared to its average volume of 7,166. The company has a fifty day moving average of $100.94 and a 200-day moving average of $93.95. The company has a market capitalization of $301.38 million, a P/E ratio of 28.94 and a beta of 1.08. ProShares S&P Technology Dividend Aristocrats ETF has a one year low of $81.52 and a one year high of $106.70.

About ProShares S&P Technology Dividend Aristocrats ETF

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.