ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) Short Interest Down 53.8% in April

by · The Cerbat Gem

ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR – Get Free Report) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 2,454 shares, a decline of 53.8% from the April 15th total of 5,310 shares. Based on an average trading volume of 5,738 shares, the days-to-cover ratio is currently 0.4 days. Currently, 2.0% of the company’s stock are short sold.

ProShares Ultra MSCI Brazil Capped Stock Down 4.8%

Shares of ProShares Ultra MSCI Brazil Capped stock traded down $1.62 during trading on Friday, hitting $32.24. 3,305 shares of the stock traded hands, compared to its average volume of 6,185. ProShares Ultra MSCI Brazil Capped has a twelve month low of $18.09 and a twelve month high of $43.88. The company has a fifty day moving average price of $37.05 and a two-hundred day moving average price of $32.64.

About ProShares Ultra MSCI Brazil Capped

(Get Free Report)

ProShares Ultra MSCI Brazil Capped, formerly ProShares Ultra MSCI Brazil, seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Brazil Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index is divided into large- and mid-cap segments. The Fund invests in common stock issued by public companies. The Fund may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and New York Shares (NYSs).

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