ProShares Large Cap Core Plus (BATS:CSM) Shares Shorted: Short Interest Down 82.3% in September

ProShares Large Cap Core Plus (BATS:CSM) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 167 shares, a decline of 82.3% from the August 31st total of 942 shares. Based on an average daily trading volume, of 5,242 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On ProShares Large Cap Core Plus

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Waterfront Wealth Inc. increased its position in shares of ProShares Large Cap Core Plus by 23.1% during the 1st quarter. Waterfront Wealth Inc. now owns 134,277 shares of the company’s stock worth $10,047,000 after purchasing an additional 25,172 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of ProShares Large Cap Core Plus by 1.3% during the 1st quarter. Cetera Investment Advisers now owns 33,259 shares of the company’s stock worth $2,488,000 after acquiring an additional 431 shares during the last quarter. Manchester Financial Inc. raised its stake in ProShares Large Cap Core Plus by 2.3% in the 1st quarter. Manchester Financial Inc. now owns 31,488 shares of the company’s stock valued at $2,356,000 after acquiring an additional 714 shares during the period. Royal Bank of Canada raised its stake in ProShares Large Cap Core Plus by 20.2% in the 1st quarter. Royal Bank of Canada now owns 15,157 shares of the company’s stock valued at $1,134,000 after acquiring an additional 2,548 shares during the period. Finally, Soundwatch Capital LLC acquired a new stake in ProShares Large Cap Core Plus during the 4th quarter valued at $462,000.

ProShares Large Cap Core Plus Stock Performance

Shares of CSM opened at $87.73 on Friday. The firm has a market capitalization of $555.33 million, a PE ratio of 20.56 and a beta of 1.02. ProShares Large Cap Core Plus has a 52-week low of $72.79 and a 52-week high of $90.27. The stock has a 50 day simple moving average of $87.85 and a 200 day simple moving average of $84.19.

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.