ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Up 93.5% in June

ProShares Short Dow30 (NYSEARCA:DOG) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 143,504 shares, a growth of 93.5% from the May 31st total of 74,172 shares. Approximately 2.9% of the shares of the stock are sold short. Based on an average daily volume of 2,600,041 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of ProShares Short Dow30

Several institutional investors have recently made changes to their positions in the business. Arkadios Wealth Advisors bought a new stake in ProShares Short Dow30 during the 1st quarter valued at approximately $9,560,000. Oppenheimer & Co. Inc. boosted its stake in ProShares Short Dow30 by 331.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 197,935 shares of the company’s stock worth $4,649,000 after purchasing an additional 152,072 shares during the period. Sugar Maple Asset Management LLC purchased a new stake in ProShares Short Dow30 during the 4th quarter valued at approximately $2,114,000. Renaissance Technologies LLC purchased a new stake in ProShares Short Dow30 during the 1st quarter valued at approximately $2,090,000. Finally, UBS Group AG raised its position in shares of ProShares Short Dow30 by 53.2% during the fourth quarter. UBS Group AG now owns 125,497 shares of the company’s stock valued at $2,948,000 after buying an additional 43,588 shares during the last quarter.

ProShares Short Dow30 Trading Up 0.0%

ProShares Short Dow30 stock traded up $0.01 during mid-day trading on Wednesday, hitting $21.62. The stock had a trading volume of 956,597 shares, compared to its average volume of 4,559,999. The firm’s 50 day moving average is $22.51 and its 200 day moving average is $23.13. ProShares Short Dow30 has a one year low of $21.47 and a one year high of $26.06.

About ProShares Short Dow30

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.