Short Interest in ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Rises By 46.9%

by · The Cerbat Gem

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV – Get Free Report) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,958 shares, an increase of 46.9% from the November 30th total of 2,014 shares. Currently, 1.8% of the shares of the stock are sold short. Based on an average trading volume of 11,510 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 11,510 shares, the short-interest ratio is presently 0.3 days. Currently, 1.8% of the shares of the stock are sold short.

ProShares UltraShort MSCI Emerging Markets Price Performance

ProShares UltraShort MSCI Emerging Markets stock traded down $0.13 during midday trading on Tuesday, hitting $18.67. The company’s stock had a trading volume of 6,954 shares, compared to its average volume of 8,214. ProShares UltraShort MSCI Emerging Markets has a 12 month low of $18.40 and a 12 month high of $41.12. The stock’s 50-day moving average price is $19.53 and its 200-day moving average price is $21.89.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares UltraShort MSCI Emerging Markets stock. Jane Street Group LLC purchased a new position in ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,486 shares of the company’s stock, valued at approximately $156,000. Jane Street Group LLC owned approximately 3.47% of ProShares UltraShort MSCI Emerging Markets at the end of the most recent reporting period.

ProShares UltraShort MSCI Emerging Markets Company Profile

(Get Free Report)

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.

Further Reading