ProShares Short Russell2000 (NYSEARCA:RWM) Short Interest Update

ProShares Short Russell2000 (NYSEARCA:RWMGet Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 586,900 shares, a growth of 358.5% from the May 15th total of 128,000 shares. Approximately 6.2% of the shares of the company are short sold. Based on an average trading volume of 10,560,500 shares, the short-interest ratio is currently 0.1 days.

ProShares Short Russell2000 Price Performance

NYSEARCA:RWM opened at $19.68 on Friday. ProShares Short Russell2000 has a 52-week low of $17.14 and a 52-week high of $23.99. The stock has a fifty day moving average of $20.56 and a 200 day moving average of $19.59.

Institutional Investors Weigh In On ProShares Short Russell2000

A number of large investors have recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in ProShares Short Russell2000 by 3.4% during the fourth quarter. LPL Financial LLC now owns 21,752 shares of the company’s stock valued at $408,000 after purchasing an additional 712 shares in the last quarter. Aspect Partners LLC purchased a new stake in ProShares Short Russell2000 during the fourth quarter valued at about $37,000. Leuthold Group LLC raised its position in ProShares Short Russell2000 by 1.1% during the fourth quarter. Leuthold Group LLC now owns 484,370 shares of the company’s stock valued at $9,077,000 after purchasing an additional 5,340 shares in the last quarter. Comerica Bank purchased a new stake in ProShares Short Russell2000 during the first quarter valued at about $116,000. Finally, Cambridge Investment Research Advisors Inc. raised its position in ProShares Short Russell2000 by 9.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 79,337 shares of the company’s stock valued at $1,646,000 after purchasing an additional 6,681 shares in the last quarter.

About ProShares Short Russell2000

(Get Free Report)

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to 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.

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