ProShares Ultra Yen (NYSEARCA:YCL) Short Interest Update

ProShares Ultra Yen (NYSEARCA:YCL) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 31,377 shares, a drop of 35.5% from the November 30th total of 48,629 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily volume of 47,737 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 47,737 shares, the short-interest ratio is presently 0.7 days. Currently, 1.4% of the shares of the company are short sold.

ProShares Ultra Yen Stock Down 0.3%

Shares of YCL traded down $0.07 during mid-day trading on Tuesday, reaching $19.14. The company had a trading volume of 21,415 shares, compared to its average volume of 76,356. ProShares Ultra Yen has a 52-week low of $18.90 and a 52-week high of $24.90. The stock has a 50 day moving average of $19.62 and a two-hundred day moving average of $21.16.

Institutional Investors Weigh In On ProShares Ultra Yen

An institutional investor recently raised its position in ProShares Ultra Yen stock. Jane Street Group LLC lifted its position in ProShares Ultra Yen (NYSEARCA:YCL) by 19.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,823 shares of the company’s stock after purchasing an additional 14,660 shares during the period. Jane Street Group LLC owned about 3.53% of ProShares Ultra Yen worth $2,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares Ultra Yen Company Profile

The ProShares Ultra Yen (YCL) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCL was launched on Nov 24, 2008 and is managed by ProShares.