ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 106 shares, a decrease of 80.6% from the April 15th total of 547 shares. Based on an average daily trading volume, of 1,902 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.
ProShares Short SmallCap600 Price Performance
Shares of SBB traded up $0.01 during trading on Tuesday, reaching $11.99. 4,593 shares of the company traded hands, compared to its average volume of 10,591. ProShares Short SmallCap600 has a twelve month low of $11.79 and a twelve month high of $16.04. The stock has a 50-day simple moving average of $12.76 and a 200-day simple moving average of $13.14.
Institutional Trading of ProShares Short SmallCap600
An institutional investor recently bought a new position in ProShares Short SmallCap600 stock. Susquehanna International Group LLP purchased a new position in shares of ProShares Short SmallCap600 (NYSEARCA:SBB – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,446 shares of the exchange traded fund’s stock, valued at approximately $339,000. Susquehanna International Group LLP owned approximately 7.64% of ProShares Short SmallCap600 as of its most recent SEC filing.
ProShares Short SmallCap600 Company Profile
ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.
Featured Articles
- Five stocks we like better than ProShares Short SmallCap600
- MP Materials Is Quietly Building a Rare Earth Powerhouse
- AI Demand Fuels Strong Q1 Earnings for Constellation Energy
- Sony’s $4 Billion Bet on Rock & Roll Royalties
- Ubiquiti’s Uptrend Can Continue, But Don’t Rush to Buy It
Receive News & Ratings for ProShares Short SmallCap600 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short SmallCap600 and related companies with MarketBeat.com's FREE daily email newsletter.
