ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) Short Interest Update

ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,669 shares, a decline of 54.1% from the April 15th total of 3,636 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 11,818 shares, the days-to-cover ratio is currently 0.1 days.

ProShares UltraPro MidCap 400 Stock Down 5.1%

Shares of NYSEARCA:UMDD traded down $1.68 during midday trading on Friday, reaching $31.33. The company had a trading volume of 15,761 shares, compared to its average volume of 11,677. The business’s 50 day moving average price is $29.39 and its 200 day moving average price is $28.28. The stock has a market cap of $31.02 million, a PE ratio of 13.00 and a beta of 3.07. ProShares UltraPro MidCap 400 has a 1-year low of $19.43 and a 1-year high of $35.19.

Institutional Trading of ProShares UltraPro MidCap 400

An institutional investor recently bought a new position in ProShares UltraPro MidCap 400 stock. Millington Financial Advisors LLC purchased a new position in shares of ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 8,182 shares of the company’s stock, valued at approximately $209,000. Millington Financial Advisors LLC owned 0.76% of ProShares UltraPro MidCap 400 as of its most recent filing with the Securities & Exchange Commission.

ProShares UltraPro MidCap 400 Company Profile

ProShares UltraPro MidCap400 (the Fund), seeks daily investment results, which correspond to triple (300%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float. The investment adviser of the Fund is ProShare Advisors LLC .