ProShares Short Russell2000 (NYSEARCA:RWM) Short Interest Up 42.7% in January

ProShares Short Russell2000 (NYSEARCA:RWM) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 997,409 shares, a growth of 42.7% from the December 31st total of 698,978 shares. Based on an average trading volume of 21,872,153 shares, the short-interest ratio is presently 0.0 days. Currently, 14.6% of the company’s stock are sold short. Currently, 14.6% of the company’s stock are sold short. Based on an average trading volume of 21,872,153 shares, the short-interest ratio is presently 0.0 days.

ProShares Short Russell2000 Stock Down 1.0%

RWM opened at $15.43 on Tuesday. ProShares Short Russell2000 has a 12 month low of $14.87 and a 12 month high of $23.99. The firm’s fifty day simple moving average is $15.89 and its 200 day simple moving average is $16.79.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of RWM. Resonant Capital Advisors LLC lifted its stake in ProShares Short Russell2000 by 49.7% in the 4th quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock valued at $251,000 after acquiring an additional 5,092 shares in the last quarter. Choreo LLC increased its stake in ProShares Short Russell2000 by 45.2% in the 4th quarter. Choreo LLC now owns 55,418 shares of the company’s stock valued at $911,000 after buying an additional 17,264 shares during the last quarter. Gunderson Capital Management Inc. acquired a new position in shares of ProShares Short Russell2000 during the 4th quarter worth about $5,084,000. Qube Research & Technologies Ltd increased its position in shares of ProShares Short Russell2000 by 114.5% in the third quarter. Qube Research & Technologies Ltd now owns 54,086 shares of the company’s stock valued at $908,000 after acquiring an additional 28,876 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new stake in ProShares Short Russell2000 during the third quarter worth about $2,203,000.

About ProShares Short Russell2000

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.