Short Interest in ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Rises By 169.5%

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 345 shares, an increase of 169.5% from the June 30th total of 128 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,443 shares, the short-interest ratio is currently 0.1 days.

ProShares S&P Technology Dividend Aristocrats ETF Trading Up 0.8%

ProShares S&P Technology Dividend Aristocrats ETF stock opened at $97.56 on Tuesday. The firm has a 50 day simple moving average of $100.95 and a 200 day simple moving average of $94.00. ProShares S&P Technology Dividend Aristocrats ETF has a 1-year low of $81.52 and a 1-year high of $106.70. The firm has a market capitalization of $299.51 million, a price-to-earnings ratio of 28.94 and a beta of 1.08.

Hedge Funds Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

Large investors have recently made changes to their positions in the stock. Sound Income Strategies LLC bought a new position in ProShares S&P Technology Dividend Aristocrats ETF in the 4th quarter worth about $62,000. Farther Finance Advisors LLC bought a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF in the fourth quarter valued at approximately $131,000. Magnolia Capital Management Ltd. purchased a new position in ProShares S&P Technology Dividend Aristocrats ETF during the second quarter valued at approximately $239,000. Rossby Financial LCC purchased a new position in ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter valued at approximately $427,000. Finally, Janney Montgomery Scott LLC increased its holdings in ProShares S&P Technology Dividend Aristocrats ETF by 8.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock worth $894,000 after acquiring an additional 815 shares during the period.

ProShares S&P Technology Dividend Aristocrats ETF Company Profile

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.