ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Short Interest Update

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 24,652 shares, a decline of 50.2% from the July 15th total of 49,527 shares. Based on an average trading volume of 116,854 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Garton & Associates Financial Advisors LLC acquired a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the fourth quarter valued at about $50,000. Ascentis Independent Advisors acquired a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the first quarter worth approximately $70,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 410.8% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,037 shares of the company’s stock valued at $89,000 after acquiring an additional 834 shares during the last quarter. Sunbelt Securities Inc. bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the third quarter valued at approximately $117,000. Finally, Captrust Financial Advisors bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the second quarter valued at approximately $209,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Performance

Shares of BATS REGL opened at $95.82 on Monday. The stock has a market cap of $2.09 billion, a P/E ratio of 16.11 and a beta of 0.80. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 52-week low of $80.52 and a 52-week high of $95.97. The firm has a 50 day moving average price of $92.50 and a two-hundred day moving average price of $90.37.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is an exchange-traded fund that is based on the S&P MidCap 400 Dividend Aristocrats index. The fund tracks an equal-weighted index of mid-cap companies that have increased their dividends for at least 15-consecutive years. REGL was launched on Feb 5, 2015 and is managed by ProShares.