ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Update

by · The Cerbat Gem

ProShares Short Dow30 (NYSEARCA:DOG – Get Free Report) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 74,172 shares, a decline of 76.9% from the May 14th total of 320,538 shares. Based on an average trading volume of 1,534,016 shares, the short-interest ratio is currently 0.0 days. Approximately 1.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Arkadios Wealth Advisors bought a new position in shares of ProShares Short Dow30 in the 1st quarter worth approximately $9,560,000. Oppenheimer & Co. Inc. raised its position in shares of 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 acquiring an additional 152,072 shares in the last quarter. Sugar Maple Asset Management LLC bought a new position in shares of ProShares Short Dow30 in the 4th quarter worth approximately $2,114,000. Renaissance Technologies LLC bought a new position in shares of ProShares Short Dow30 in the 1st quarter worth approximately $2,090,000. Finally, UBS Group AG raised its position in shares of 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 acquiring an additional 43,588 shares in the last quarter.

ProShares Short Dow30 Trading Down 0.6%

Shares of NYSEARCA DOG traded down $0.14 during midday trading on Friday, reaching $22.24. The company had a trading volume of 2,374,127 shares, compared to its average volume of 4,842,336. ProShares Short Dow30 has a one year low of $22.02 and a one year high of $26.95. The firm’s fifty day moving average price is $22.94 and its 200-day moving average price is $23.30.

About ProShares Short Dow30

(Get Free Report)

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.

See Also