ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Update

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 11,200 shares, a decrease of 83.9% from the May 15th total of 69,600 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 125,400 shares, the short-interest ratio is presently 0.1 days.

ProShares UltraShort Semiconductors Trading Down 0.1%

Shares of SSG stock opened at $15.73 on Thursday. ProShares UltraShort Semiconductors has a fifty-two week low of $15.44 and a fifty-two week high of $59.80. The business’s 50 day moving average price is $23.89 and its 200-day moving average price is $26.28.

Institutional Trading of ProShares UltraShort Semiconductors

A hedge fund recently bought a new stake in ProShares UltraShort Semiconductors stock. Jane Street Group LLC acquired a new position in ProShares UltraShort Semiconductors (NYSEARCA:SSG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 21,767 shares of the company’s stock, valued at approximately $584,000. Jane Street Group LLC owned approximately 3.81% of ProShares UltraShort Semiconductors at the end of the most recent quarter.

ProShares UltraShort Semiconductors Company Profile

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game.