ProShares Short Real Estate (NYSEARCA:REK – Get Free Report) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 4,098 shares, a decline of 36.7% from the December 31st total of 6,478 shares. Based on an average trading volume of 15,575 shares, the short-interest ratio is currently 0.3 days. Currently, 0.7% of the shares of the stock are sold short. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 15,575 shares, the short-interest ratio is currently 0.3 days.
Institutional Investors Weigh In On ProShares Short Real Estate
An institutional investor recently raised its position in ProShares Short Real Estate stock. IMC Chicago LLC increased its position in shares of ProShares Short Real Estate (NYSEARCA:REK – Free Report) by 13.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,257 shares of the company’s stock after acquiring an additional 2,200 shares during the quarter. IMC Chicago LLC owned about 2.99% of ProShares Short Real Estate worth $314,000 at the end of the most recent quarter.
ProShares Short Real Estate Price Performance
REK opened at $16.86 on Friday. ProShares Short Real Estate has a one year low of $16.35 and a one year high of $19.61. The company’s 50 day simple moving average is $17.11 and its 200-day simple moving average is $16.94.
About ProShares Short Real Estate
ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.
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