ProShares Short Dow30 (NYSEARCA:DOG) Short Interest Update

ProShares Short Dow30 (NYSEARCA:DOG) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 130,433 shares, an increase of 41.0% from the January 29th total of 92,474 shares. Based on an average daily volume of 5,719,968 shares, the days-to-cover ratio is presently 0.0 days. Currently, 2.5% of the company’s stock are short sold. Currently, 2.5% of the company’s stock are short sold. Based on an average daily volume of 5,719,968 shares, the days-to-cover ratio is presently 0.0 days.

ProShares Short Dow30 Trading Up 1.0%

Shares of DOG opened at $23.17 on Monday. The stock has a 50 day simple moving average of $23.03 and a 200 day simple moving average of $23.88. ProShares Short Dow30 has a 52-week low of $22.43 and a 52-week high of $30.81.

Institutional Investors Weigh In On ProShares Short Dow30

A number of hedge funds and other institutional investors have recently made changes to their positions in DOG. Kestra Advisory Services LLC bought a new position in shares of ProShares Short Dow30 during the fourth quarter worth about $27,000. JPMorgan Chase & Co. lifted its stake in ProShares Short Dow30 by 11,700.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after acquiring an additional 1,170 shares in the last quarter. Headlands Technologies LLC acquired a new position in ProShares Short Dow30 during the 2nd quarter worth approximately $33,000. BNP Paribas Financial Markets bought a new position in shares of ProShares Short Dow30 during the 3rd quarter worth approximately $74,000. Finally, Graves Light Lenhart Wealth Inc. bought a new position in shares of ProShares Short Dow30 during the 4th quarter worth approximately $337,000.

About ProShares Short Dow30

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.