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

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

Institutional Trading of ProShares Ultra MSCI EAFE

Several hedge funds have recently made changes to their positions in the company. Osaic Holdings Inc. purchased a new stake in shares of ProShares Ultra MSCI EAFE during the 2nd quarter valued at approximately $55,000. Elm3 Financial Group LLC acquired a new stake in ProShares Ultra MSCI EAFE during the second quarter worth $220,000. Jane Street Group LLC acquired a new stake in ProShares Ultra MSCI EAFE during the second quarter worth $256,000. Susquehanna International Group LLP purchased a new stake in ProShares Ultra MSCI EAFE in the third quarter valued at $515,000. Finally, PMV Capital Advisers LLC raised its position in ProShares Ultra MSCI EAFE by 918.6% in the second quarter. PMV Capital Advisers LLC now owns 12,346 shares of the company’s stock valued at $696,000 after purchasing an additional 11,134 shares during the period.

ProShares Ultra MSCI EAFE Stock Up 0.2%

Shares of NYSEARCA EFO traded up $0.14 during trading on Friday, hitting $68.14. 5,934 shares of the company were exchanged, compared to its average volume of 8,785. The company has a fifty day moving average price of $63.03 and a 200-day moving average price of $59.98. ProShares Ultra MSCI EAFE has a 12-month low of $36.53 and a 12-month 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.