ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Update
by Scott Moore · The Cerbat GemProShares Short Dow30 (NYSEARCA:DOG – Get Free Report) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 309,641 shares, a growth of 147.5% from the April 15th total of 125,102 shares. Based on an average daily trading volume, of 3,129,119 shares, the short-interest ratio is currently 0.1 days. Currently, 6.4% of the shares of the stock are short sold.
ProShares Short Dow30 Price Performance
DOG traded up $0.25 on Friday, reaching $22.95. The stock had a trading volume of 1,410,788 shares, compared to its average volume of 5,393,575. ProShares Short Dow30 has a fifty-two week low of $22.43 and a fifty-two week high of $27.27. The firm has a 50-day moving average of $23.70 and a 200-day moving average of $23.52.
Hedge Funds Weigh In On ProShares Short Dow30
A number of institutional investors and hedge funds have recently bought and sold shares of DOG. Arkadios Wealth Advisors acquired a new position in ProShares Short Dow30 in the 3rd quarter worth about $4,119,000. Oppenheimer & Co. Inc. increased its holdings in ProShares Short Dow30 by 331.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 197,935 shares of the company’s stock worth $4,649,000 after purchasing an additional 152,072 shares in the last quarter. Sugar Maple Asset Management LLC acquired a new position in ProShares Short Dow30 in the 4th quarter worth about $2,114,000. Renaissance Technologies LLC acquired a new position in ProShares Short Dow30 in the 1st quarter worth about $2,090,000. Finally, UBS Group AG increased its holdings in ProShares Short Dow30 by 53.2% in the 4th quarter. UBS Group AG now owns 125,497 shares of the company’s stock worth $2,948,000 after purchasing an additional 43,588 shares in the last quarter.
ProShares Short Dow30 Company Profile
ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.