ProShares UltraShort MSCI EAFE (NYSEARCA:EFU) Stock Short Interest Report for September
by Danessa Lincoln · The Markets DailyProShares UltraShort MSCI EAFE (NYSEARCA:EFU – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 2,041 shares, a decrease of 59.7% from the September 15th total of 5,068 shares. Based on an average daily volume of 6,805 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.2% of the shares of the stock are sold short.
ProShares UltraShort MSCI EAFE Trading Down 0.7%
ProShares UltraShort MSCI EAFE stock traded down $0.06 during trading hours on Tuesday, reaching $7.36. 1,592 shares of the stock were exchanged, compared to its average volume of 11,160. ProShares UltraShort MSCI EAFE has a twelve month low of $6.67 and a twelve month high of $10.42. The stock has a 50 day moving average of $6.98 and a two-hundred day moving average of $7.43.
About ProShares UltraShort MSCI EAFE
ProShares UltraShort MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. 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 MSCI EAFE Index.
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