ProShares UltraShort FTSE Europe (NYSEARCA:EPV) Short Interest Update

ProShares UltraShort FTSE Europe (NYSEARCA:EPV) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 20,631 shares, a decrease of 94.3% from the April 30th total of 359,389 shares. Approximately 2.8% of the shares of the company are short sold. Based on an average trading volume of 46,587 shares, the short-interest ratio is presently 0.4 days.

ProShares UltraShort FTSE Europe Stock Performance

Shares of EPV stock traded up $0.09 on Thursday, hitting $18.68. 17,939 shares of the stock traded hands, compared to its average volume of 47,806. ProShares UltraShort FTSE Europe has a 1-year low of $18.36 and a 1-year high of $28.60. The company’s fifty day moving average is $20.42 and its 200 day moving average is $21.19.

Institutional Investors Weigh In On ProShares UltraShort FTSE Europe

Institutional investors and hedge funds have recently made changes to their positions in the company. Geneos Wealth Management Inc. acquired a new stake in ProShares UltraShort FTSE Europe in the first quarter worth $82,000. Two Sigma Securities LLC acquired a new stake in ProShares UltraShort FTSE Europe in the second quarter worth $297,000. Ferguson Shapiro LLC acquired a new stake in ProShares UltraShort FTSE Europe in the first quarter worth $378,000. Jane Street Group LLC acquired a new stake in ProShares UltraShort FTSE Europe in the fourth quarter worth $394,000. Finally, Verity Asset Management Inc. increased its position in ProShares UltraShort FTSE Europe by 73.6% in the third quarter. Verity Asset Management Inc. now owns 18,531 shares of the company’s stock worth $453,000 after buying an additional 7,857 shares during the period.

About ProShares UltraShort FTSE Europe

The ProShares UltraShort FTSE Europe (EPV) is an exchange-traded fund that is based on the FTSE All Cap Developed Europe index. The fund provides a daily leveraged inverse (-2x) exposure to a market-cap-weighted index of European developed markets equities. EPV was launched on Jun 18, 2009 and is managed by ProShares.