ProShares Short Dow30 (NYSEARCA:DOG) Stock Price Pass Below 200 Day Moving Average – Time to Sell?

ProShares Short Dow30 (NYSEARCA:DOG)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $27.87 and traded as low as $25.44. ProShares Short Dow30 shares last traded at $25.47, with a volume of 1,342,780 shares traded.

ProShares Short Dow30 Stock Performance

The company has a 50 day moving average of $26.56 and a two-hundred day moving average of $27.86.

Institutional Trading of ProShares Short Dow30

Large investors have recently bought and sold shares of the stock. IHT Wealth Management LLC acquired a new position in shares of ProShares Short Dow30 in the third quarter valued at about $222,000. Kingswood Wealth Advisors LLC boosted its position in ProShares Short Dow30 by 4.1% in the second quarter. Kingswood Wealth Advisors LLC now owns 9,515 shares of the company’s stock valued at $275,000 after buying an additional 375 shares during the last quarter. Jane Street Group LLC acquired a new position in ProShares Short Dow30 in the 3rd quarter worth approximately $275,000. Squarepoint Ops LLC purchased a new position in ProShares Short Dow30 during the 2nd quarter worth approximately $344,000. Finally, Benjamin F. Edwards & Company Inc. acquired a new stake in ProShares Short Dow30 during the 2nd quarter valued at approximately $365,000.

About ProShares Short Dow30

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies.