ProShares UltraShort Russell2000 (NYSEARCA:TWM) Stock Price Down 0.1%

ProShares UltraShort Russell2000 (NYSEARCA:TWM)’s stock price traded down 0.1% on Wednesday . The company traded as low as $11.21 and last traded at $11.36. 2,778,203 shares were traded during trading, a decline of 17% from the average session volume of 3,360,384 shares. The stock had previously closed at $11.37.

ProShares UltraShort Russell2000 Stock Down 0.1 %

The stock’s fifty day simple moving average is $11.34 and its two-hundred day simple moving average is $11.60.

Institutional Trading of ProShares UltraShort Russell2000

Institutional investors and hedge funds have recently bought and sold shares of the business. Headlands Technologies LLC purchased a new position in shares of ProShares UltraShort Russell2000 in the 1st quarter valued at $49,000. Hillsdale Investment Management Inc. lifted its stake in shares of ProShares UltraShort Russell2000 by 23.2% during the fourth quarter. Hillsdale Investment Management Inc. now owns 41,890 shares of the company’s stock worth $488,000 after purchasing an additional 7,890 shares in the last quarter. Verity Asset Management Inc. purchased a new stake in shares of ProShares UltraShort Russell2000 in the fourth quarter worth about $130,000. Simplex Trading LLC acquired a new stake in shares of ProShares UltraShort Russell2000 in the fourth quarter valued at about $150,000. Finally, Stratos Wealth Advisors LLC purchased a new stake in shares of ProShares UltraShort Russell2000 during the fourth quarter valued at approximately $157,000.

About ProShares UltraShort Russell2000

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.