ProShares Ultra FTSE Europe (NYSEARCA:UPV) Short Interest Update

ProShares Ultra FTSE Europe (NYSEARCA:UPV) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 3,605 shares, a decrease of 33.8% from the December 31st total of 5,449 shares. Approximately 3.0% of the company’s shares are short sold. Based on an average daily volume of 1,520 shares, the short-interest ratio is currently 2.4 days. Based on an average daily volume of 1,520 shares, the short-interest ratio is currently 2.4 days. Approximately 3.0% of the company’s shares are short sold.

Hedge Funds Weigh In On ProShares Ultra FTSE Europe

An institutional investor recently bought a new position in ProShares Ultra FTSE Europe stock. Jane Street Group LLC purchased a new position in ProShares Ultra FTSE Europe (NYSEARCA:UPV) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned 2.72% of ProShares Ultra FTSE Europe as of its most recent SEC filing.

ProShares Ultra FTSE Europe Stock Down 2.0%

NYSEARCA:UPV traded down $1.96 during mid-day trading on Friday, reaching $97.85. 1,128 shares of the company’s stock traded hands, compared to its average volume of 1,386. The company has a 50 day moving average price of $90.80 and a 200-day moving average price of $84.83. ProShares Ultra FTSE Europe has a 12-month low of $51.37 and a 12-month high of $101.41.

ProShares Ultra FTSE Europe Company Profile

ProShares Ultra MSCI Europe seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Europe Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into large and mid-cap segments, and targets approximately 85% of free float-adjusted market capitalization of the region.