ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) Shares Shorted: Short Interest Down 62.7% in September

ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 2,921 shares, a decline of 62.7% from the August 31st total of 7,830 shares. Based on an average trading volume of 119,172 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of ProShares High Yield-Interest Rate Hedged ETF

Several hedge funds have recently added to or reduced their stakes in the business. Anchor Investment Management LLC acquired a new stake in ProShares High Yield-Interest Rate Hedged ETF in the 4th quarter valued at approximately $32,000. Clearstead Advisors LLC bought a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF in the fourth quarter valued at approximately $33,000. CoreCap Advisors LLC grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 30.4% in the second quarter. CoreCap Advisors LLC now owns 5,972 shares of the company’s stock worth $387,000 after acquiring an additional 1,394 shares during the last quarter. Integrity Alliance LLC. acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF in the fourth quarter worth $533,000. Finally, Geneos Wealth Management Inc. increased its position in ProShares High Yield-Interest Rate Hedged ETF by 2.9% during the first quarter. Geneos Wealth Management Inc. now owns 10,341 shares of the company’s stock worth $659,000 after acquiring an additional 294 shares during the period.

ProShares High Yield-Interest Rate Hedged ETF Stock Down 0.4%

Shares of BATS:HYHG opened at $64.25 on Tuesday. The stock’s 50-day moving average is $64.70 and its 200-day moving average is $64.59. ProShares High Yield-Interest Rate Hedged ETF has a 52-week low of $63.00 and a 52-week high of $66.22.

ProShares High Yield-Interest Rate Hedged ETF Company Profile

The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys. HYHG was launched on May 21, 2013 and is managed by ProShares.