Short Interest in ProShares UltraShort FTSE China 50 (NYSEARCA:FXP) Rises By 32.1%

by · The Markets Daily

ProShares UltraShort FTSE China 50 (NYSEARCA:FXP – Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 5,735 shares, an increase of 32.1% from the November 30th total of 4,340 shares. Based on an average trading volume of 6,070 shares, the short-interest ratio is presently 0.9 days. Currently, 1.6% of the company’s stock are short sold. Currently, 1.6% of the company’s stock are short sold. Based on an average trading volume of 6,070 shares, the short-interest ratio is presently 0.9 days.

ProShares UltraShort FTSE China 50 Stock Performance

NYSEARCA FXP traded up $0.30 on Wednesday, reaching $18.30. The stock had a trading volume of 3,500 shares, compared to its average volume of 13,295. The business has a 50 day moving average price of $17.66 and a 200 day moving average price of $18.52. ProShares UltraShort FTSE China 50 has a 1 year low of $15.80 and a 1 year high of $41.00.

Hedge Funds Weigh In On ProShares UltraShort FTSE China 50

An institutional investor recently raised its position in ProShares UltraShort FTSE China 50 stock. Jane Street Group LLC boosted its holdings in shares of ProShares UltraShort FTSE China 50 (NYSEARCA:FXP – Free Report) by 16.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,818 shares of the company’s stock after acquiring an additional 2,107 shares during the quarter. Jane Street Group LLC owned approximately 2.50% of ProShares UltraShort FTSE China 50 worth $181,000 at the end of the most recent reporting period.

ProShares UltraShort FTSE China 50 Company Profile

(Get Free Report)

ProShares UltraShort FTSE China 50 (the Fund) seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the FTSE China 50 Index (the Index). The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange (HKEX). The Fund’s investment advisor is ProShare Advisors LLC.

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