ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Short Interest Update

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 6,171 shares, a decrease of 54.9% from the June 30th total of 13,698 shares. Based on an average trading volume of 19,015 shares, the short-interest ratio is presently 0.3 days. Currently, 3.1% of the shares of the stock are short sold.

Institutional Trading of ProShares UltraShort MSCI Emerging Markets

A hedge fund recently bought a new stake in ProShares UltraShort MSCI Emerging Markets stock. Jane Street Group LLC purchased a new position in shares of ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,486 shares of the company’s stock, valued at approximately $156,000. Jane Street Group LLC owned about 3.47% of ProShares UltraShort MSCI Emerging Markets at the end of the most recent quarter.

ProShares UltraShort MSCI Emerging Markets Trading Up 4.1%

Shares of NYSEARCA EEV traded up $0.49 during mid-day trading on Tuesday, hitting $12.54. 17,032 shares of the stock traded hands, compared to its average volume of 50,666. ProShares UltraShort MSCI Emerging Markets has a twelve month low of $10.01 and a twelve month high of $25.34. The firm has a 50 day simple moving average of $11.42 and a two-hundred day simple moving average of $13.95.

ProShares UltraShort MSCI Emerging Markets Company Profile

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index (the Index). The 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 -200% of the daily return of the Index.