ProShares Inflation Expectations ETF (NYSEARCA:RINF) Stock Short Interest Report for October

ProShares Inflation Expectations ETF (NYSEARCA:RINF) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,535 shares, an increase of 226.3% from the September 30th total of 777 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 6,269 shares, the short-interest ratio is presently 0.4 days.

ProShares Inflation Expectations ETF Price Performance

Shares of NYSEARCA RINF opened at $32.71 on Thursday. The company’s fifty day moving average is $32.69 and its 200-day moving average is $32.43. ProShares Inflation Expectations ETF has a twelve month low of $31.74 and a twelve month high of $33.09.

Institutional Trading of ProShares Inflation Expectations ETF

An institutional investor recently bought a new stake in ProShares Inflation Expectations ETF stock. Oppenheimer & Co. Inc. acquired a new position in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 7,000 shares of the company’s stock, valued at approximately $229,000. Oppenheimer & Co. Inc. owned 1.19% of ProShares Inflation Expectations ETF at the end of the most recent quarter.

About ProShares Inflation Expectations ETF

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.