ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Update

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 60,100 shares, a growth of 89.0% from the September 30th total of 31,800 shares. Based on an average daily volume of 269,700 shares, the days-to-cover ratio is currently 0.2 days. Approximately 3.2% of the shares of the company are sold short. Approximately 3.2% of the shares of the company are sold short. Based on an average daily volume of 269,700 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On ProShares UltraShort Semiconductors

An institutional investor recently raised its position in ProShares UltraShort Semiconductors stock. Csenge Advisory Group lifted its stake in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 29.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,928 shares of the company’s stock after purchasing an additional 8,592 shares during the quarter. Csenge Advisory Group owned 2.00% of ProShares UltraShort Semiconductors worth $350,000 as of its most recent filing with the Securities and Exchange Commission.

ProShares UltraShort Semiconductors Stock Performance

Shares of NYSEARCA:SSG opened at $7.27 on Friday. The firm has a 50 day moving average of $9.46 and a 200-day moving average of $14.20. ProShares UltraShort Semiconductors has a 12 month low of $6.76 and a 12 month high of $49.57.

ProShares UltraShort Semiconductors Company Profile

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game.