ProShares Ultra Euro (NYSEARCA:ULE) Short Interest Down 86.4% in March

ProShares Ultra Euro (NYSEARCA:ULE) saw a large decrease in short interest in March. As of March 13th, there was short interest totaling 3,797 shares, a decrease of 86.4% from the February 26th total of 27,948 shares. Based on an average daily volume of 11,194 shares, the short-interest ratio is presently 0.3 days. Currently, 0.8% of the company’s stock are short sold. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 11,194 shares, the short-interest ratio is presently 0.3 days.

ProShares Ultra Euro Trading Down 0.3%

Shares of NYSEARCA ULE traded down $0.04 during trading hours on Wednesday, hitting $12.71. The company had a trading volume of 4,944 shares, compared to its average volume of 13,764. ProShares Ultra Euro has a 1-year low of $11.17 and a 1-year high of $13.89. The firm’s 50 day moving average is $13.09 and its 200-day moving average is $13.04.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Ultra Euro stock. Jane Street Group LLC acquired a new position in shares of ProShares Ultra Euro (NYSEARCA:ULE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,281 shares of the company’s stock, valued at approximately $241,000. Jane Street Group LLC owned about 3.66% of ProShares Ultra Euro at the end of the most recent reporting period.

ProShares Ultra Euro Company Profile

The ProShares Ultra Euro (ULE) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides 2x the daily performance of the euro spot price against the US dollar. ULE was launched on Nov 25, 2008 and is managed by ProShares.