Short Interest in ProShares Ultra MSCI EAFE (NYSEARCA:EFO) Decreases By 46.4%

ProShares Ultra MSCI EAFE (NYSEARCA:EFO) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 7,298 shares, a decrease of 46.4% from the April 15th total of 13,618 shares. Based on an average trading volume of 7,458 shares, the short-interest ratio is presently 1.0 days. Approximately 1.7% of the shares of the stock are short sold.

Institutional Trading of ProShares Ultra MSCI EAFE

Several hedge funds have recently made changes to their positions in the company. Discipline Wealth Solutions LLC grew its stake in shares of ProShares Ultra MSCI EAFE by 0.7% in the 4th quarter. Discipline Wealth Solutions LLC now owns 70,596 shares of the company’s stock valued at $4,507,000 after buying an additional 461 shares during the period. PMV Capital Advisers LLC boosted its position in shares of ProShares Ultra MSCI EAFE by 215.9% during the 1st quarter. PMV Capital Advisers LLC now owns 25,372 shares of the company’s stock worth $1,614,000 after purchasing an additional 17,341 shares during the period. Susquehanna International Group LLP purchased a new position in shares of ProShares Ultra MSCI EAFE during the 3rd quarter worth approximately $515,000. Jane Street Group LLC acquired a new stake in ProShares Ultra MSCI EAFE during the 2nd quarter worth approximately $256,000. Finally, Innova Wealth Partners acquired a new stake in ProShares Ultra MSCI EAFE during the 1st quarter worth approximately $236,000.

ProShares Ultra MSCI EAFE Stock Performance

Shares of ProShares Ultra MSCI EAFE stock traded down $2.46 during mid-day trading on Friday, hitting $68.76. The stock had a trading volume of 4,663 shares, compared to its average volume of 10,472. The firm has a 50-day moving average of $67.26 and a two-hundred day moving average of $66.50. ProShares Ultra MSCI EAFE has a 12-month low of $51.67 and a 12-month high of $76.50.

About ProShares Ultra MSCI EAFE

ProShares Ultra MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in developed market countries, excluding the United States and Canada. The MSCI EAFE Index consists of 21 developed market country indexes, including Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.