ProShares Large Cap Core Plus (BATS:CSM) Sees Large Decrease in Short Interest

ProShares Large Cap Core Plus (BATS:CSM) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 150 shares, a decline of 49.3% from the July 30th total of 296 shares. Based on an average trading volume of 3,715 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Trading of ProShares Large Cap Core Plus

A number of institutional investors and hedge funds have recently modified their holdings of the company. Nwam LLC acquired a new position in shares of ProShares Large Cap Core Plus in the second quarter valued at $352,000. Focus Financial Network Inc. acquired a new stake in ProShares Large Cap Core Plus during the second quarter worth $225,000. RDA Financial Network acquired a new stake in ProShares Large Cap Core Plus during the second quarter worth $217,000. Royal Bank of Canada increased its holdings in ProShares Large Cap Core Plus by 20.2% in the 1st quarter. Royal Bank of Canada now owns 15,157 shares of the company’s stock valued at $1,134,000 after buying an additional 2,548 shares during the period. Finally, Cetera Investment Advisers increased its holdings in ProShares Large Cap Core Plus by 1.3% in the 1st quarter. Cetera Investment Advisers now owns 33,259 shares of the company’s stock valued at $2,488,000 after buying an additional 431 shares during the period.

ProShares Large Cap Core Plus Stock Down 0.2%

ProShares Large Cap Core Plus stock opened at $88.76 on Friday. The business has a 50 day moving average price of $86.80 and a two-hundred day moving average price of $82.93. The stock has a market cap of $561.85 million, a price-to-earnings ratio of 20.56 and a beta of 1.02. ProShares Large Cap Core Plus has a 12 month low of $72.79 and a 12 month high of $90.27.

About ProShares Large Cap Core Plus

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. CSM was launched on Jul 14, 2009 and is managed by ProShares.