Short Interest in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Decreases By 94.4%

ProShares Ultra MSCI Japan (NYSEARCA:EZJ) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,919 shares, a drop of 94.4% from the April 15th total of 34,398 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 8,275 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of ProShares Ultra MSCI Japan

A hedge fund recently bought a new stake in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC acquired a new position in shares of ProShares Ultra MSCI Japan (NYSEARCA:EZJ) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned approximately 2.80% of ProShares Ultra MSCI Japan as of its most recent filing with the SEC.

ProShares Ultra MSCI Japan Stock Down 1.0%

NYSEARCA EZJ traded down $0.67 on Tuesday, hitting $63.33. 1,029 shares of the stock were exchanged, compared to its average volume of 11,773. ProShares Ultra MSCI Japan has a fifty-two week low of $39.50 and a fifty-two week high of $70.50. The company has a market cap of $13.93 million, a PE ratio of 14.73 and a beta of 1.35. The company has a 50-day moving average price of $57.74 and a 200-day moving average price of $56.31.

About ProShares Ultra MSCI Japan

ProShares Ultra MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Japan Index. The MSCI Japan 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 Japan. The Fund invests in equity securities and derivatives. Its investment advisor is ProShare Advisors LLC.