ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Short Interest Update

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 6,104 shares, a decline of 82.2% from the June 15th total of 34,263 shares. Based on an average daily trading volume, of 71,623 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.6% of the company’s shares are short sold.

ProShares Short MSCI Emerging Markets Trading Up 3.6%

EUM traded up $0.57 during trading on Monday, hitting $16.39. 69,724 shares of the stock traded hands, compared to its average volume of 123,312. The firm has a 50-day moving average of $16.02 and a 200 day moving average of $17.72. ProShares Short MSCI Emerging Markets has a 12-month low of $15.01 and a 12-month high of $23.27.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in ProShares Short MSCI Emerging Markets stock. Jane Street Group LLC boosted its stake in ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) by 12.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,153 shares of the company’s stock after buying an additional 1,089 shares during the period. Jane Street Group LLC owned 2.31% of ProShares Short MSCI Emerging Markets worth $234,000 at the end of the most recent reporting period.

About ProShares Short MSCI Emerging Markets

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets Index 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 global emerging markets countries. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -100% of the daily return of the MSCI Emerging Markets Index.