Short Interest in ProShares Large Cap Core Plus (BATS:CSM) Decreases By 98.7%

ProShares Large Cap Core Plus (BATS:CSM) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 2 shares, a drop of 98.7% from the April 30th total of 149 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,532 shares, the days-to-cover ratio is currently 0.0 days.

ProShares Large Cap Core Plus Price Performance

CSM traded up $0.20 during midday trading on Wednesday, reaching $86.24. 3,474 shares of the company’s stock traded hands, compared to its average volume of 7,655. ProShares Large Cap Core Plus has a 52 week low of $66.76 and a 52 week high of $86.35. The firm has a fifty day moving average of $80.20 and a two-hundred day moving average of $79.43. The stock has a market capitalization of $545.90 million, a price-to-earnings ratio of 20.56 and a beta of 1.02.

Institutional Trading of ProShares Large Cap Core Plus

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fifth Third Bancorp bought a new stake in ProShares Large Cap Core Plus in the fourth quarter valued at $25,000. JPMorgan Chase & Co. purchased a new stake in shares of ProShares Large Cap Core Plus in the 2nd quarter worth about $26,000. Sequent Planning LLC purchased a new stake in shares of ProShares Large Cap Core Plus in the 4th quarter worth about $212,000. Stratos Wealth Partners LTD. bought a new stake in shares of ProShares Large Cap Core Plus during the 4th quarter valued at about $243,000. Finally, Two Sigma Investments LP purchased a new position in shares of ProShares Large Cap Core Plus during the third quarter valued at about $276,000.

ProShares Large Cap Core Plus Company Profile

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. CSM was launched on Jul 14, 2009 and is managed by ProShares.