Short Interest in ProShares UltraShort Health Care (NYSEARCA:RXD) Decreases By 66.4%

ProShares UltraShort Health Care (NYSEARCA:RXD) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 7,358 shares, a decline of 66.4% from the November 30th total of 21,928 shares. Based on an average trading volume of 12,153 shares, the short-interest ratio is currently 0.6 days. Approximately 7.4% of the company’s stock are sold short. Approximately 7.4% of the company’s stock are sold short. Based on an average trading volume of 12,153 shares, the short-interest ratio is currently 0.6 days.

ProShares UltraShort Health Care Trading Down 0.1%

Shares of RXD opened at $8.93 on Friday. The business’s fifty day simple moving average is $9.61 and its two-hundred day simple moving average is $11.10. ProShares UltraShort Health Care has a 12 month low of $8.60 and a 12 month high of $13.64.

About ProShares UltraShort Health Care

ProShares UltraShort Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Health Care Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.