ProShares Short FTSE China 50 (NYSEARCA:YXI) Short Interest Up 109.9% in January

ProShares Short FTSE China 50 (NYSEARCA:YXI) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 13,258 shares, a growth of 109.9% from the December 31st total of 6,315 shares. Currently, 8.3% of the company’s shares are sold short. Based on an average daily trading volume, of 48,532 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 48,532 shares, the days-to-cover ratio is currently 0.3 days. Currently, 8.3% of the company’s shares are sold short.

ProShares Short FTSE China 50 Price Performance

YXI stock traded up $0.41 during trading on Friday, reaching $19.57. 3,523 shares of the stock traded hands, compared to its average volume of 28,882. The business’s 50 day moving average price is $20.01 and its 200-day moving average price is $13.59. ProShares Short FTSE China 50 has a 52-week low of $18.85 and a 52-week high of $28.00.

ProShares Short FTSE China 50 Company Profile

ProShares Short FTSE China 50 (the Fund) is an exchange-traded fund. The Fund seeks investment results for a single day. The return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse (-1x) of the return of the FTSE China 50 Index (the Index) for that period. The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.