ProShares Short S&P 500 (NYSEARCA:SH) Stock Short Interest Report for September

ProShares Short S&P 500 (NYSEARCA:SH) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 697,317 shares, a decrease of 51.4% from the September 15th total of 1,436,101 shares. Based on an average trading volume of 9,922,362 shares, the short-interest ratio is currently 0.1 days. Currently, 2.3% of the shares of the stock are short sold.

Institutional Trading of ProShares Short S&P 500

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ascentis Independent Advisors acquired a new stake in ProShares Short S&P 500 during the 1st quarter valued at approximately $67,000. Nvwm LLC raised its stake in ProShares Short S&P 500 by 50.0% during the third quarter. Nvwm LLC now owns 3,000 shares of the real estate investment trust’s stock worth $97,000 after buying an additional 1,000 shares during the last quarter. Ramsey Quantitative Systems bought a new stake in ProShares Short S&P 500 during the second quarter valued at $158,000. EverSource Wealth Advisors LLC raised its position in shares of ProShares Short S&P 500 by 3,040.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,401 shares of the real estate investment trust’s stock worth $205,000 after acquiring an additional 5,229 shares in the last quarter. Finally, Modern Wealth Management LLC bought a new stake in shares of ProShares Short S&P 500 during the 1st quarter valued at about $211,000.

ProShares Short S&P 500 Trading Up 1.3%

Shares of SH traded up $0.40 during mid-day trading on Friday, reaching $32.49. The company had a trading volume of 7,723,119 shares, compared to its average volume of 9,806,274. The company’s 50 day simple moving average is $32.30 and its 200 day simple moving average is $33.39. ProShares Short S&P 500 has a 1-year low of $31.64 and a 1-year high of $39.20.

ProShares Short S&P 500 Company Profile

ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts. 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.