ProShares Short SmallCap600 (NYSEARCA:SBB) Short Interest Update

ProShares Short SmallCap600 (NYSEARCA:SBB) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 204 shares, a growth of 827.3% from the June 30th total of 22 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,083 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of ProShares Short SmallCap600

An institutional investor recently bought a new position in ProShares Short SmallCap600 stock. Susquehanna International Group LLP purchased a new position in shares of ProShares Short SmallCap600 (NYSEARCA:SBB) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned approximately 7.64% of ProShares Short SmallCap600 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares Short SmallCap600 Price Performance

SBB stock opened at $22.65 on Friday. The firm has a 50-day moving average price of $23.08 and a 200-day moving average price of $24.64. ProShares Short SmallCap600 has a 12 month low of $21.91 and a 12 month high of $30.96.

About ProShares Short SmallCap600

ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to 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.