ProShares UltraShort Semiconductors (NYSEARCA:SSG) Short Interest Down 47.8% in February

ProShares UltraShort Semiconductors (NYSEARCA:SSG) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 7,153 shares, a drop of 47.8% from the January 29th total of 13,712 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 236,297 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 236,297 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares UltraShort Semiconductors stock. Susquehanna International Group LLP grew its stake in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 94.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,064 shares of the company’s stock after buying an additional 10,257 shares during the period. Susquehanna International Group LLP owned 1.24% of ProShares UltraShort Semiconductors worth $195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares UltraShort Semiconductors Stock Performance

Shares of ProShares UltraShort Semiconductors stock opened at $27.34 on Friday. The stock’s 50-day simple moving average is $28.40 and its 200-day simple moving average is $33.57. ProShares UltraShort Semiconductors has a 52 week low of $24.77 and a 52 week high of $198.28.

ProShares UltraShort Semiconductors Company Profile

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.