ProShares Short Russell2000 (NYSEARCA:RWM) Short Interest Update

ProShares Short Russell2000 (NYSEARCA:RWM) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 376,053 shares, a decrease of 36.5% from the May 31st total of 592,444 shares. Based on an average daily volume of 17,951,426 shares, the short-interest ratio is presently 0.0 days. Currently, 3.8% of the company’s stock are short sold.

Hedge Funds Weigh In On ProShares Short Russell2000

A number of hedge funds have recently added to or reduced their stakes in the company. Group One Trading LLC raised its position in ProShares Short Russell2000 by 169.9% during the first quarter. Group One Trading LLC now owns 3,336 shares of the company’s stock valued at $54,000 after acquiring an additional 2,100 shares in the last quarter. Total Wealth Planning & Management Inc. bought a new stake in ProShares Short Russell2000 in the fourth quarter worth approximately $241,000. Resonant Capital Advisors LLC grew its position in ProShares Short Russell2000 by 49.7% in the fourth quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock worth $251,000 after acquiring an additional 5,092 shares in the last quarter. Alpha Advisors LLC VA acquired a new position in shares of ProShares Short Russell2000 during the 3rd quarter worth $278,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of ProShares Short Russell2000 during the 2nd quarter worth $302,000.

ProShares Short Russell2000 Price Performance

RWM opened at $13.44 on Friday. ProShares Short Russell2000 has a fifty-two week low of $13.19 and a fifty-two week high of $19.19. The business has a 50-day moving average of $14.03 and a 200-day moving average of $15.11.

ProShares Short Russell2000 Company Profile

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 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.