Short Interest in ProShares UltraShort Dow30 (NYSEARCA:DXD) Decreases By 34.6%

ProShares UltraShort Dow30 (NYSEARCA:DXD) was the target of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 26,100 shares, a drop of 34.6% from the May 15th total of 39,900 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily volume of 952,700 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of ProShares UltraShort Dow30

Several institutional investors have recently added to or reduced their stakes in DXD. Tower Research Capital LLC TRC lifted its holdings in shares of ProShares UltraShort Dow30 by 381.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 38,255 shares of the exchange traded fund’s stock valued at $1,032,000 after buying an additional 30,315 shares during the period. Squarepoint Ops LLC bought a new position in shares of ProShares UltraShort Dow30 during the 4th quarter valued at $673,000. Jump Financial LLC bought a new position in shares of ProShares UltraShort Dow30 during the 4th quarter valued at $553,000. Johnson Financial Group Inc. bought a new position in shares of ProShares UltraShort Dow30 during the 4th quarter valued at $364,000. Finally, Two Sigma Securities LLC lifted its holdings in shares of ProShares UltraShort Dow30 by 34.7% during the 4th quarter. Two Sigma Securities LLC now owns 14,516 shares of the exchange traded fund’s stock valued at $391,000 after buying an additional 3,741 shares during the period.

ProShares UltraShort Dow30 Trading Up 0.2%

Shares of DXD opened at $26.62 on Thursday. The business’s fifty day simple moving average is $27.62 and its two-hundred day simple moving average is $26.98. ProShares UltraShort Dow30 has a 12 month low of $24.23 and a 12 month high of $35.79.

About ProShares UltraShort Dow30

ProShares UltraShort Dow30 (the Fund), formerly UltraShort Dow30 ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal.