ProShares Ultra Euro (NYSEARCA:ULE) Sees Significant Growth in Short Interest

ProShares Ultra Euro (NYSEARCA:ULE – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 18,250 shares, a growth of 421.1% from the September 30th total of 3,502 shares. Currently, 6.1% of the company’s shares are short sold. Based on an average daily trading volume, of 9,529 shares, the short-interest ratio is presently 1.9 days.

ProShares Ultra Euro Trading Down 0.1%

ULE traded down $0.01 during trading hours on Thursday, reaching $11.78. The company’s stock had a trading volume of 1,669 shares, compared to its average volume of 7,404. ProShares Ultra Euro has a fifty-two week low of $11.67 and a fifty-two week high of $13.89. The business’s 50-day moving average is $12.31 and its 200-day moving average is $12.69.

About ProShares Ultra Euro

(Get Free Report)

The ProShares Ultra Euro (ULE) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides 2x the daily performance of the euro spot price against the US dollar. ULE was launched on Nov 25, 2008 and is managed by ProShares.

See Also

Receive News & Ratings for ProShares Ultra Euro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Euro and related companies with MarketBeat.com's FREE daily email newsletter.