Short Interest in ProShares Ultra FTSE Europe (NYSEARCA:UPV) Increases By 204.6%

ProShares Ultra FTSE Europe (NYSEARCA:UPV) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 5,449 shares, an increase of 204.6% from the December 15th total of 1,789 shares. Currently, 4.5% of the company’s stock are short sold. Based on an average trading volume of 1,003 shares, the short-interest ratio is presently 5.4 days. Based on an average trading volume of 1,003 shares, the short-interest ratio is presently 5.4 days. Currently, 4.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Ultra FTSE Europe stock. Jane Street Group LLC bought a new stake in shares of ProShares Ultra FTSE Europe (NYSEARCA:UPV) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned about 2.72% of ProShares Ultra FTSE Europe as of its most recent SEC filing.

ProShares Ultra FTSE Europe Price Performance

UPV traded up $0.46 on Thursday, hitting $94.95. The company had a trading volume of 318 shares, compared to its average volume of 1,569. The stock has a fifty day moving average price of $87.48 and a 200-day moving average price of $83.47. ProShares Ultra FTSE Europe has a 12-month low of $51.37 and a 12-month high of $95.42.

About ProShares Ultra FTSE Europe

ProShares Ultra MSCI Europe seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Europe Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into large and mid-cap segments, and targets approximately 85% of free float-adjusted market capitalization of the region.