ProShares UltraShort SmallCap 600 (NYSEARCA:SDD – Get Free Report) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 2,319 shares, an increase of 22.8% from the December 15th total of 1,888 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average trading volume of 657 shares, the short-interest ratio is currently 3.5 days. Based on an average trading volume of 657 shares, the short-interest ratio is currently 3.5 days. Currently, 1.9% of the shares of the stock are sold short.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in ProShares UltraShort SmallCap 600 stock. WealthPlan Investment Management LLC acquired a new stake in ProShares UltraShort SmallCap 600 (NYSEARCA:SDD – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 10,467 shares of the company’s stock, valued at approximately $164,000. WealthPlan Investment Management LLC owned about 8.44% of ProShares UltraShort SmallCap 600 as of its most recent filing with the SEC.
ProShares UltraShort SmallCap 600 Trading Up 2.9%
Shares of SDD opened at $11.25 on Wednesday. The stock has a fifty day moving average price of $12.34 and a two-hundred day moving average price of $13.31. ProShares UltraShort SmallCap 600 has a 52-week low of $10.81 and a 52-week high of $24.76.
ProShares UltraShort SmallCap 600 Company Profile
ProShares UltraShort SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P SmallCap 600 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. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.
See Also
- Five stocks we like better than ProShares UltraShort SmallCap 600
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- A U.S. “birthright” claim worth trillions – activated quietly
- Executive Order 14330: Trump’s Biggest Yet
Receive News & Ratings for ProShares UltraShort SmallCap 600 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort SmallCap 600 and related companies with MarketBeat.com's FREE daily email newsletter.
