ProShares Short Russell2000 (NYSEARCA:RWM – Get Free Report) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 827,696 shares, an increase of 120.1% from the June 15th total of 376,053 shares. Approximately 10.7% of the shares of the company are sold short. Based on an average daily trading volume, of 13,665,064 shares, the short-interest ratio is presently 0.1 days.
ProShares Short Russell2000 Price Performance
RWM stock opened at $13.55 on Friday. ProShares Short Russell2000 has a twelve month low of $13.19 and a twelve month high of $19.19. The business has a 50 day simple moving average of $13.86 and a 200-day simple moving average of $14.93.
Institutional Trading of ProShares Short Russell2000
Large investors have recently bought and sold shares of the business. Group One Trading LLC grew its position in ProShares Short Russell2000 by 169.9% during the 1st quarter. Group One Trading LLC now owns 3,336 shares of the company’s stock worth $54,000 after purchasing an additional 2,100 shares during the last quarter. Total Wealth Planning & Management Inc. purchased a new stake in shares of ProShares Short Russell2000 in the fourth quarter valued at about $241,000. Resonant Capital Advisors LLC raised its holdings in shares of ProShares Short Russell2000 by 49.7% in the fourth quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock valued at $251,000 after buying an additional 5,092 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of ProShares Short Russell2000 during the second quarter worth about $302,000. Finally, Jump Financial LLC acquired a new stake in shares of ProShares Short Russell2000 during the fourth quarter worth about $348,000.
About ProShares Short Russell2000
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. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.
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