Short Interest in ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Declines By 96.7%

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 128 shares, a drop of 96.7% from the June 15th total of 3,851 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,016 shares, the short-interest ratio is presently 0.0 days.

ProShares S&P Technology Dividend Aristocrats ETF Stock Performance

ProShares S&P Technology Dividend Aristocrats ETF stock traded up $0.29 during trading on Friday, hitting $100.93. The company’s stock had a trading volume of 4,052 shares, compared to its average volume of 7,307. The stock’s fifty day moving average is $100.96 and its 200 day moving average is $93.20. ProShares S&P Technology Dividend Aristocrats ETF has a 1-year low of $81.52 and a 1-year high of $106.70. The stock has a market capitalization of $309.86 million, a price-to-earnings ratio of 28.94 and a beta of 1.08.

Institutional Investors Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

A number of institutional investors have recently bought and sold shares of TDV. Coston McIsaac & Partners boosted its stake in ProShares S&P Technology Dividend Aristocrats ETF by 8.1% during the 1st quarter. Coston McIsaac & Partners now owns 35,380 shares of the company’s stock valued at $2,997,000 after acquiring an additional 2,660 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in ProShares S&P Technology Dividend Aristocrats ETF by 231.8% during the 3rd quarter. NewEdge Advisors LLC now owns 28,610 shares of the company’s stock worth $2,475,000 after buying an additional 19,988 shares during the last quarter. Ascentis Independent Advisors grew its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 332.6% in the 1st quarter. Ascentis Independent Advisors now owns 20,333 shares of the company’s stock worth $1,722,000 after acquiring an additional 15,633 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 8.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock valued at $894,000 after acquiring an additional 815 shares during the last quarter. Finally, Rossby Financial LCC acquired a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF during the 4th quarter valued at approximately $427,000.

About ProShares S&P Technology Dividend Aristocrats ETF

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.