ProShares Short Financials (NYSEARCA:SEF – Get Free Report) was the recipient of a large drop in short interest in January. ProShares Short Financials Stock Down 1.0%Shares of NYSEARCA SEF traded down $0.33 during midday trading on Thursday, hitting $31.50. Get ProShares Short Financials alerts:Hedge Funds Weigh In On ProShares Short FinancialsA number of institutional investors have recently made changes to their positions in SEF. ProShares Short Financials Company ProfileProShares Short Financials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index (the Index). Read MoreReceive News & Ratings for ProShares Short Financials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short Financials and related companies with MarketBeat.com's FREE daily email newsletter.