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

ProShares Ultra FTSE Europe (NYSEARCA:UPV) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,690 shares, a growth of 236.0% from the April 15th total of 503 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily volume of 880 shares, the short-interest ratio is presently 1.9 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Ultra FTSE Europe stock. Jane Street Group LLC purchased a new stake in ProShares Ultra FTSE Europe (NYSEARCA:UPV) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned approximately 2.72% of ProShares Ultra FTSE Europe as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares Ultra FTSE Europe Stock Performance

UPV traded down $3.75 during trading on Friday, reaching $91.69. The stock had a trading volume of 739 shares, compared to its average volume of 1,901. ProShares Ultra FTSE Europe has a 1-year low of $73.16 and a 1-year high of $104.40. The stock has a 50 day moving average of $91.16 and a two-hundred day moving average of $91.44.

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.