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While the Federal Reserve left interest rates unchanged at the latest meeting, investors increasingly speculate that rate hikes are on the table in 2026.
ProShares Equities For Rising Rates ETF (NASDAQ: EQRR - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 14,080 shares, an increase of 379.9% from the March 31st total of 2,934 shares. Based on an average daily volume
SG Americas Securities LLC increased its stake in shares of ProShares Equities For Rising Rates ETF (NASDAQ: EQRR) by 223.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 23,978 shares of the company's stock after acquiring an additional 16,556 shares during the
U.S. treasury yields jumped following the release of upbeat U.S. economic data points.
EQRR provides exposure to large-cap stocks that have high correlation to rising interest rates. The fund performed well in 2022, outperforming the S&P 500 by 20%.
The key question of 2023 — will there be a hard or soft-landing — depends very much on which economy one is looking at: the goods economy or the service economy.
EQRR is an ETF that focuses on equity sectors that tend to rise when interest rates do. That has been a nice spot to invest in during 2022, since that's exactly what occurred, and at a historically-rapid pace of rate increases.
Wall Street staged a dramatic turnaround to close Oct 13 after falling at the start of trading after hot inflation data.