ProShares Inflation Expectations ETF (NYSEARCA:RINF – Get Free Report) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 424 shares, a growth of 42.3% from the December 15th total of 298 shares. Based on an average daily trading volume, of 2,562 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 2,562 shares, the short-interest ratio is currently 0.2 days.
ProShares Inflation Expectations ETF Stock Up 0.2%
NYSEARCA:RINF opened at $32.29 on Monday. ProShares Inflation Expectations ETF has a one year low of $31.53 and a one year high of $33.67. The stock has a 50 day moving average price of $32.33 and a 200 day moving average price of $32.55.
Institutional Investors Weigh In On ProShares Inflation Expectations ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE acquired a new position in shares of ProShares Inflation Expectations ETF in the fourth quarter worth $54,000. Oppenheimer & Co. Inc. purchased a new position in ProShares Inflation Expectations ETF in the third quarter valued at $227,000. Jane Street Group LLC grew its stake in ProShares Inflation Expectations ETF by 9.2% during the 2nd quarter. Jane Street Group LLC now owns 16,912 shares of the company’s stock worth $553,000 after purchasing an additional 1,421 shares in the last quarter. Finally, Belvedere Trading LLC purchased a new stake in ProShares Inflation Expectations ETF during the 2nd quarter worth about $2,675,000.
About ProShares Inflation Expectations ETF
The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.
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