Traders Sell ProShares Short S&P500 (SH) on Strength (SH)

Traders sold shares of ProShares Short S&P500 (NYSEARCA:SH) on strength during trading on Thursday. $57.59 million flowed into the stock on the tick-up and $68.55 million flowed out of the stock on the tick-down, for a money net flow of $10.96 million out of the stock. Of all equities tracked, ProShares Short S&P500 had the 11th highest net out-flow for the day. ProShares Short S&P500 traded up $1.08 for the day and closed at $31.16

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in ProShares Short S&P500 by 204.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,099 shares of the real estate investment trust’s stock valued at $100,000 after purchasing an additional 2,082 shares during the last quarter. Bristlecone Advisors LLC bought a new position in ProShares Short S&P500 during the 3rd quarter valued at approximately $132,000. Crow Point Partners LLC bought a new position in ProShares Short S&P500 during the 3rd quarter valued at approximately $183,000. Annex Advisory Services LLC bought a new position in ProShares Short S&P500 during the 3rd quarter valued at approximately $209,000. Finally, Financial Counselors Inc. bought a new position in ProShares Short S&P500 during the 3rd quarter valued at approximately $257,000.

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About ProShares Short S&P500

ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts.

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