Proshares Trust II (SCO) Short Interest Update

Proshares Trust II (NYSEARCA:SCO) was the target of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 717,644 shares, a decrease of 48.7% from the January 12th total of 1,399,965 shares. Based on an average trading volume of 1,801,223 shares, the days-to-cover ratio is currently 0.4 days.

Several hedge funds and other institutional investors have recently made changes to their positions in SCO. SG Americas Securities LLC acquired a new stake in shares of Proshares Trust II in the 4th quarter valued at about $231,000. Sterling Global Strategies LLC acquired a new stake in shares of Proshares Trust II in the 3rd quarter valued at about $245,000. Crow Point Partners LLC acquired a new stake in shares of Proshares Trust II in the 3rd quarter valued at about $459,000. Virtu Financial LLC acquired a new stake in shares of Proshares Trust II in the 3rd quarter valued at about $708,000. Finally, Financial Counselors Inc. acquired a new stake in shares of Proshares Trust II in the 3rd quarter valued at about $840,000.

Shares of Proshares Trust II (NYSEARCA:SCO) opened at $23.59 on Thursday. Proshares Trust II has a 1 year low of $20.02 and a 1 year high of $52.16.

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