ProShares UltraShort Russell2000 (NYSEARCA:TWM) Trading Up 2.5% – Here’s What Happened

Posted by Cynthia Vaughn on Feb 7th, 2025

ProShares UltraShort Russell2000 (NYSEARCA:TWM – Get Free Report)’s stock price traded up 2.5% during mid-day trading on Friday . The company traded as high as $42.76 and last traded at $42.67. 704,477 shares were traded during mid-day trading, an increase of 101% from the average session volume of 350,567 shares. The stock had previously closed at $41.61.

ProShares UltraShort Russell2000 Stock Up 2.5 %

The business has a 50 day simple moving average of $42.30 and a 200-day simple moving average of $45.16.

Institutional Trading of ProShares UltraShort Russell2000

Institutional investors have recently made changes to their positions in the stock. Powell Investment Advisors LLC purchased a new position in ProShares UltraShort Russell2000 in the fourth quarter valued at approximately $502,000. IMC Chicago LLC purchased a new stake in ProShares UltraShort Russell2000 during the fourth quarter worth approximately $1,452,000. Finally, Jane Street Group LLC increased its position in shares of ProShares UltraShort Russell2000 by 36.4% in the third quarter. Jane Street Group LLC now owns 384,222 shares of the company’s stock worth $3,516,000 after acquiring an additional 102,609 shares in the last quarter.

About ProShares UltraShort Russell2000

(Get Free Report)

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.