ProShares UltraPro Russell 2000 (NYSEARCA:URTY) Short Interest Update

ProShares UltraPro Russell 2000 (NYSEARCA:URTY) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 462,373 shares, a growth of 105.5% from the January 15th total of 225,040 shares. Based on an average daily volume of 1,706,689 shares, the short-interest ratio is presently 0.3 days. Currently, 7.6% of the company’s stock are sold short. Currently, 7.6% of the company’s stock are sold short. Based on an average daily volume of 1,706,689 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On ProShares UltraPro Russell 2000

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vontobel Holding Ltd. purchased a new stake in shares of ProShares UltraPro Russell 2000 in the third quarter valued at about $777,000. Simplex Trading LLC acquired a new position in ProShares UltraPro Russell 2000 in the 2nd quarter valued at about $292,000. Flow Traders U.S. LLC boosted its holdings in ProShares UltraPro Russell 2000 by 249.9% in the 2nd quarter. Flow Traders U.S. LLC now owns 98,991 shares of the company’s stock valued at $3,897,000 after purchasing an additional 70,701 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its stake in shares of ProShares UltraPro Russell 2000 by 33.6% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 80,109 shares of the company’s stock valued at $3,154,000 after buying an additional 20,154 shares during the period. Finally, Variant Private Wealth LLC increased its holdings in shares of ProShares UltraPro Russell 2000 by 41.2% during the 2nd quarter. Variant Private Wealth LLC now owns 123,784 shares of the company’s stock worth $4,873,000 after buying an additional 36,145 shares during the last quarter.

ProShares UltraPro Russell 2000 Stock Performance

URTY stock opened at $63.07 on Friday. ProShares UltraPro Russell 2000 has a one year low of $21.15 and a one year high of $70.61. The firm has a market cap of $384.73 million, a price-to-earnings ratio of 16.35 and a beta of 3.42. The firm has a 50-day simple moving average of $60.78 and a two-hundred day simple moving average of $54.16.

About ProShares UltraPro Russell 2000

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.