ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) Short Interest Update

ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 1,218 shares, a drop of 69.7% from the July 15th total of 4,021 shares. Based on an average daily volume of 8,992 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of ProShares UltraPro MidCap 400

An institutional investor recently bought a new position in ProShares UltraPro MidCap 400 stock. Millington Financial Advisors LLC purchased a new position in shares of ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,182 shares of the company’s stock, valued at approximately $209,000. Millington Financial Advisors LLC owned approximately 0.76% of ProShares UltraPro MidCap 400 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares UltraPro MidCap 400 Price Performance

UMDD stock traded up $0.28 during trading on Friday, reaching $39.16. 4,658 shares of the company were exchanged, compared to its average volume of 9,756. The company has a 50-day moving average of $35.87 and a two-hundred day moving average of $32.38. The company has a market capitalization of $36.03 million, a price-to-earnings ratio of 13.00 and a beta of 3.04. ProShares UltraPro MidCap 400 has a twelve month low of $21.52 and a twelve month high of $39.16.

ProShares UltraPro MidCap 400 Company Profile

ProShares UltraPro MidCap400 (the Fund), seeks daily investment results, which correspond to triple (300%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float. The investment adviser of the Fund is ProShare Advisors LLC .