Short Interest in ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) Expands By 50.7%

ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 3,786 shares, a growth of 50.7% from the January 15th total of 2,512 shares. Based on an average daily volume of 8,379 shares, the days-to-cover ratio is currently 0.5 days. Currently, 3.2% of the shares of the company are short sold. Currently, 3.2% of the shares of the company are short sold. Based on an average daily volume of 8,379 shares, the days-to-cover ratio is currently 0.5 days.

ProShares Ultra MSCI Brazil Capped Stock Performance

Shares of UBR traded down $0.90 during trading hours on Friday, hitting $37.22. The stock had a trading volume of 6,362 shares, compared to its average volume of 5,739. The stock has a fifty day moving average price of $30.40 and a 200 day moving average price of $25.80. ProShares Ultra MSCI Brazil Capped has a 12 month low of $14.00 and a 12 month high of $39.71.

About ProShares Ultra MSCI Brazil Capped

ProShares Ultra MSCI Brazil Capped, formerly ProShares Ultra MSCI Brazil, seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Brazil Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index is divided into large- and mid-cap segments. The Fund invests in common stock issued by public companies. The Fund may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and New York Shares (NYSs).