ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Up 74.6% in August

ProShares Short Dow30 (NYSEARCA:DOG) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 563,574 shares, an increase of 74.6% from the July 30th total of 322,803 shares. Approximately 12.2% of the shares of the company are short sold. Based on an average trading volume of 2,567,834 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On ProShares Short Dow30

A number of institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new stake in ProShares Short Dow30 during the fourth quarter worth about $27,000. JPMorgan Chase & Co. grew its holdings in shares of ProShares Short Dow30 by 11,700.0% during the second quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after purchasing an additional 1,170 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of ProShares Short Dow30 during the second quarter valued at approximately $33,000. Group One Trading LLC raised its position in shares of ProShares Short Dow30 by 3,260.9% during the 1st quarter. Group One Trading LLC now owns 1,546 shares of the company’s stock worth $38,000 after purchasing an additional 1,500 shares during the period. Finally, BNP Paribas Financial Markets acquired a new stake in shares of ProShares Short Dow30 during the 3rd quarter worth approximately $74,000.

ProShares Short Dow30 Stock Performance

ProShares Short Dow30 stock traded up $0.15 during mid-day trading on Tuesday, reaching $21.59. The company’s stock had a trading volume of 1,499,330 shares, compared to its average volume of 3,897,431. The business has a 50 day moving average price of $21.50 and a 200-day moving average price of $22.60. ProShares Short Dow30 has a twelve month low of $20.77 and a twelve month high of $25.21.

ProShares Short Dow30 Company Profile

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.