Short Interest in ProShares Ultra MSCI EAFE (NYSEARCA:EFO) Decreases By 26.0%

ProShares Ultra MSCI EAFE (NYSEARCA:EFO) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 8,658 shares, a decrease of 26.0% from the December 15th total of 11,699 shares. Based on an average daily volume of 3,625 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.3% of the shares of the company are sold short. Currently, 2.3% of the shares of the company are sold short. Based on an average daily volume of 3,625 shares, the days-to-cover ratio is presently 2.4 days.

Institutional Trading of ProShares Ultra MSCI EAFE

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. acquired a new position in ProShares Ultra MSCI EAFE during the second quarter worth about $55,000. Elm3 Financial Group LLC bought a new position in shares of ProShares Ultra MSCI EAFE during the 2nd quarter valued at about $220,000. Jane Street Group LLC acquired a new position in shares of ProShares Ultra MSCI EAFE in the 2nd quarter worth approximately $256,000. Susquehanna International Group LLP bought a new stake in shares of ProShares Ultra MSCI EAFE in the 3rd quarter worth approximately $515,000. Finally, PMV Capital Advisers LLC raised its holdings in shares of ProShares Ultra MSCI EAFE by 918.6% in the 2nd quarter. PMV Capital Advisers LLC now owns 12,346 shares of the company’s stock worth $696,000 after purchasing an additional 11,134 shares in the last quarter.

ProShares Ultra MSCI EAFE Stock Performance

EFO traded up $0.14 on Monday, reaching $68.14. The company had a trading volume of 5,934 shares, compared to its average volume of 8,785. The company has a fifty day moving average of $63.03 and a 200-day moving average of $60.03. ProShares Ultra MSCI EAFE has a one year low of $36.53 and a one year high of $69.00.

ProShares Ultra MSCI EAFE Company Profile

ProShares Ultra MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. The MSCI EAFE Index consists of 21 developed market country indexes, including Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.