ProShares UltraShort Euro (NYSEARCA:EUO) Stock Short Interest Report for October
by Sarita Garza · The Markets DailyProShares UltraShort Euro (NYSEARCA:EUO – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 327,210 shares, an increase of 1,401.7% from the September 30th total of 21,790 shares. Currently, 23.4% of the company’s shares are short sold. Based on an average trading volume of 57,725 shares, the days-to-cover ratio is currently 5.7 days.
ProShares UltraShort Euro Trading Up 0.5%
Shares of NYSEARCA:EUO traded up $0.17 on Monday, hitting $32.55. The company had a trading volume of 12,147 shares, compared to its average volume of 33,782. ProShares UltraShort Euro has a 1 year low of $26.93 and a 1 year high of $32.83. The firm’s 50-day simple moving average is $31.02 and its two-hundred day simple moving average is $29.81.
ProShares UltraShort Euro Company Profile
The ProShares UltraShort Euro (EUO) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides a -200% exposure to the daily performance of the EUR spot price against the US dollar as measured by Bloomberg. EUO was launched on Nov 25, 2008 and is managed by ProShares.
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