ProShares Ultra MSCI EAFE (NYSEARCA:EFO) Short Interest Update

ProShares Ultra MSCI EAFE (NYSEARCA:EFO) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 3,949 shares, a growth of 561.5% from the July 30th total of 597 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,823 shares, the short-interest ratio is presently 1.0 days.

ProShares Ultra MSCI EAFE Stock Up 1.3%

EFO opened at $79.19 on Wednesday. ProShares Ultra MSCI EAFE has a 12-month low of $56.23 and a 12-month high of $80.05. The business has a 50 day moving average of $74.66 and a 200-day moving average of $71.50.

Institutional Investors Weigh In On ProShares Ultra MSCI EAFE

Hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. bought a new position in ProShares Ultra MSCI EAFE during the second quarter worth $55,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of ProShares Ultra MSCI EAFE in the first quarter valued at $75,000. Innova Wealth Partners bought a new position in shares of ProShares Ultra MSCI EAFE in the first quarter valued at about $236,000. Jane Street Group LLC bought a new position in shares of ProShares Ultra MSCI EAFE in the second quarter valued at about $256,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of ProShares Ultra MSCI EAFE during the 3rd quarter worth about $515,000.

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.