ProShares Ultra Euro (NYSEARCA:ULE) Short Interest Update
by Renee Jackson · The Cerbat GemProShares Ultra Euro (NYSEARCA:ULE – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,584 shares, a decrease of 80.7% from the April 30th total of 13,396 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 10,134 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in ProShares Ultra Euro stock. Jane Street Group LLC purchased a new stake in shares of ProShares Ultra Euro (NYSEARCA:ULE – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 18,281 shares of the company’s stock, valued at approximately $241,000. Jane Street Group LLC owned 3.66% of ProShares Ultra Euro as of its most recent filing with the SEC.
ProShares Ultra Euro Stock Up 0.1%
Shares of NYSEARCA ULE traded up $0.01 during midday trading on Friday, reaching $12.88. 4,962 shares of the stock traded hands, compared to its average volume of 10,554. ProShares Ultra Euro has a one year low of $12.40 and a one year high of $13.89. The company’s 50 day moving average is $12.90 and its 200 day moving average is $13.00.
ProShares Ultra Euro Company Profile
The ProShares Ultra Euro (ULE) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides 2x the daily performance of the euro spot price against the US dollar. ULE was launched on Nov 25, 2008 and is managed by ProShares.