ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Short Interest Up 83.5% in July

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 633 shares, a growth of 83.5% from the July 15th total of 345 shares. Based on an average trading volume of 5,558 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

Several hedge funds have recently added to or reduced their stakes in TDV. Farther Finance Advisors LLC purchased a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF during the 4th quarter worth approximately $131,000. Magnolia Capital Management Ltd. acquired a new position in ProShares S&P Technology Dividend Aristocrats ETF in the second quarter valued at $239,000. Rossby Financial LCC acquired a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF during the 4th quarter valued at about $427,000. Janney Montgomery Scott LLC increased its position in ProShares S&P Technology Dividend Aristocrats ETF by 8.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock worth $894,000 after purchasing an additional 815 shares during the last quarter. Finally, Ascentis Independent Advisors increased its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 332.6% during the 1st quarter. Ascentis Independent Advisors now owns 20,333 shares of the company’s stock worth $1,722,000 after buying an additional 15,633 shares during the last quarter.

ProShares S&P Technology Dividend Aristocrats ETF Stock Down 0.7%

Shares of TDV opened at $103.57 on Friday. The company has a 50-day simple moving average of $100.79 and a 200-day simple moving average of $95.14. ProShares S&P Technology Dividend Aristocrats ETF has a 52-week low of $81.52 and a 52-week high of $106.70. The company has a market capitalization of $317.96 million, a PE ratio of 28.94 and a beta of 1.08.

About ProShares S&P Technology Dividend Aristocrats ETF

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.