ProShares Russell 2000 High Income ETF (BATS:ITWO) Shares Shorted: Short Interest Down 90.2% in September

by · The Markets Daily

ProShares Russell 2000 High Income ETF (BATS:ITWO – Get Free Report) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,966 shares, a drop of 90.2% from the September 15th total of 20,070 shares. Based on an average daily volume of 24,144 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On ProShares Russell 2000 High Income ETF

A number of large investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. increased its stake in ProShares Russell 2000 High Income ETF by 34.0% during the 1st quarter. Sunbelt Securities Inc. now owns 7,907 shares of the company’s stock worth $315,000 after acquiring an additional 2,007 shares during the period. PFG Investments LLC acquired a new position in ProShares Russell 2000 High Income ETF in the 1st quarter valued at $384,000. Integrated Wealth Concepts LLC raised its holdings in ProShares Russell 2000 High Income ETF by 22.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 9,691 shares of the company’s stock valued at $455,000 after acquiring an additional 1,788 shares in the last quarter. Endeavor Private Wealth Inc. lifted its position in shares of ProShares Russell 2000 High Income ETF by 5.8% during the 2nd quarter. Endeavor Private Wealth Inc. now owns 11,489 shares of the company’s stock valued at $540,000 after acquiring an additional 630 shares during the period. Finally, Royal Bank of Canada lifted its position in shares of ProShares Russell 2000 High Income ETF by 51.2% during the 1st quarter. Royal Bank of Canada now owns 16,038 shares of the company’s stock valued at $638,000 after acquiring an additional 5,432 shares during the period.

ProShares Russell 2000 High Income ETF Stock Performance

Shares of ITWO opened at $43.03 on Monday. ProShares Russell 2000 High Income ETF has a 12 month low of $37.09 and a 12 month high of $47.19. The firm’s 50 day moving average is $45.03 and its 200-day moving average is $44.44. The stock has a market capitalization of $55.94 million and a PE ratio of 17.43.

About ProShares Russell 2000 High Income ETF

(Get Free Report)

The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index. ITWO was launched on Sep 4, 2024 and is issued by ProShares.

See Also