ProShares Ultra SmallCap600 (NYSEARCA:SAA) Shares Shorted: Short Interest Down 68.6% in September

ProShares Ultra SmallCap600 (NYSEARCA:SAA) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 216 shares, a decrease of 68.6% from the September 15th total of 687 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,849 shares, the short-interest ratio is presently 0.1 days.

ProShares Ultra SmallCap600 Price Performance

Shares of ProShares Ultra SmallCap600 stock traded down $1.24 on Wednesday, hitting $30.93. The company had a trading volume of 11,965 shares, compared to its average volume of 5,234. ProShares Ultra SmallCap600 has a 52 week low of $22.57 and a 52 week high of $38.94. The company has a market cap of $24.74 million, a PE ratio of 15.32 and a beta of 2.06. The business has a 50-day simple moving average of $34.80 and a 200-day simple moving average of $33.91.

Hedge Funds Weigh In On ProShares Ultra SmallCap600

A hedge fund recently bought a new stake in ProShares Ultra SmallCap600 stock. Toth Financial Advisory Corp acquired a new stake in ProShares Ultra SmallCap600 (NYSEARCA:SAA) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 914 shares of the company’s stock, valued at approximately $29,000. Toth Financial Advisory Corp owned 0.11% of ProShares Ultra SmallCap600 as of its most recent SEC filing.

ProShares Ultra SmallCap600 Company Profile

ProShares Ultra SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.