ProShares Ultra SpaceX ETF (NYSEARCA:SPCF) Stock Short Interest Report for September

ProShares Ultra SpaceX ETF (NYSEARCA:SPCF) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 189,229 shares, a decline of 45.8% from the September 15th total of 348,824 shares. Currently, 3.4% of the shares of the stock are sold short. Based on an average daily volume of 1,340,992 shares, the days-to-cover ratio is currently 0.1 days.

ProShares Ultra SpaceX ETF Trading Down 4.6%

Shares of SPCF stock traded down $0.76 during trading hours on Thursday, hitting $15.87. The company had a trading volume of 2,093,134 shares, compared to its average volume of 2,567,810. ProShares Ultra SpaceX ETF has a 12 month low of $8.85 and a 12 month high of $46.71. The stock’s fifty day moving average is $16.46.

ProShares Ultra SpaceX ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Wednesday, September 23rd were paid a $0.0758 dividend. The ex-dividend date of this dividend was Wednesday, September 23rd. This represents a $0.30 annualized dividend and a yield of 1.9%.

ProShares Ultra SpaceX ETF Company Profile

SPCF, the ProShares Ultra SpaceX ETF, is a leveraged single-stock fund that seeks daily investment results, before fees and expenses, equal to 2x (200%) the daily performance of the common stock of SpaceX (SPCX). Because the fund pursues a daily objective and resets its exposure each day, it is designed as a short-term, tactical tool rather than a buy-and-hold investment: over any holding period longer than a single day, returns can differ significantly from 2x the underlying stock’s performance, and that gap tends to widen in more volatile markets.