ProShares Short Russell2000 (NYSEARCA:RWM) Sees Significant Growth in Short Interest

ProShares Short Russell2000 (NYSEARCA:RWM) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 827,696 shares, an increase of 120.1% from the June 15th total of 376,053 shares. Based on an average trading volume of 13,665,064 shares, the short-interest ratio is currently 0.1 days. Approximately 10.7% of the shares of the stock are sold short.

Institutional Trading of ProShares Short Russell2000

A number of institutional investors have recently bought and sold shares of RWM. Group One Trading LLC grew its holdings in ProShares Short Russell2000 by 74.7% in the second quarter. Group One Trading LLC now owns 2,970 shares of the company’s stock valued at $56,000 after purchasing an additional 1,270 shares during the last quarter. Total Wealth Planning & Management Inc. purchased a new stake in shares of ProShares Short Russell2000 in the 4th quarter worth about $241,000. Resonant Capital Advisors LLC boosted its position in shares of ProShares Short Russell2000 by 49.7% in the 4th quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock worth $251,000 after buying an additional 5,092 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in ProShares Short Russell2000 in the 2nd quarter valued at about $302,000. Finally, Headlands Technologies LLC acquired a new stake in ProShares Short Russell2000 in the 2nd quarter valued at about $391,000.

ProShares Short Russell2000 Stock Performance

Shares of RWM traded down $0.09 on Wednesday, reaching $13.51. The stock had a trading volume of 5,052,904 shares, compared to its average volume of 20,940,223. The firm has a 50-day moving average of $13.89 and a 200 day moving average of $14.97. ProShares Short Russell2000 has a twelve month low of $13.19 and a twelve month high of $19.19.

About ProShares Short Russell2000

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.