ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Short Interest Update

by · The Markets Daily

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 17,617 shares, a growth of 112.0% from the July 30th total of 8,308 shares. Currently, 8.4% of the shares of the stock are sold short. Based on an average trading volume of 42,208 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in ProShares UltraShort MSCI Emerging Markets stock. Jane Street Group LLC acquired a new position in ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 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 as of its most recent filing with the Securities & Exchange Commission.

ProShares UltraShort MSCI Emerging Markets Stock Performance

NYSEARCA EEV traded up $0.14 on Friday, hitting $10.72. The stock had a trading volume of 23,920 shares, compared to its average volume of 48,784. ProShares UltraShort MSCI Emerging Markets has a 52-week low of $10.01 and a 52-week high of $24.08. The firm has a 50-day moving average of $11.31 and a 200-day moving average of $13.11.

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.

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