ProShares Short Real Estate (NYSEARCA:REK) Short Interest Update

ProShares Short Real Estate (NYSEARCA:REK) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 5,297 shares, an increase of 21.2% from the January 29th total of 4,369 shares. Based on an average daily volume of 17,464 shares, the short-interest ratio is currently 0.3 days. Approximately 0.9% of the shares of the stock are sold short. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 17,464 shares, the short-interest ratio is currently 0.3 days.

ProShares Short Real Estate Trading Up 1.0%

Shares of REK opened at $16.15 on Friday. ProShares Short Real Estate has a 52-week low of $15.87 and a 52-week high of $19.61. The business’s fifty day moving average is $16.63 and its 200-day moving average is $16.85.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ProShares Short Real Estate stock. IMC Chicago LLC lifted its position in shares of ProShares Short Real Estate (NYSEARCA:REK) by 13.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,257 shares of the company’s stock after acquiring an additional 2,200 shares during the quarter. IMC Chicago LLC owned approximately 2.99% of ProShares Short Real Estate worth $314,000 at the end of the most recent reporting period.

About ProShares Short Real Estate

ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.