ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Short Interest Update

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 11,611 shares, a decline of 31.1% from the February 26th total of 16,861 shares. Based on an average daily volume of 46,581 shares, the days-to-cover ratio is presently 0.2 days. Currently, 7.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares UltraShort MSCI Emerging Markets stock. Jane Street Group LLC bought a new position in ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 12,486 shares of the company’s stock, valued at approximately $156,000. Jane Street Group LLC owned about 3.47% of ProShares UltraShort MSCI Emerging Markets as of its most recent filing with the Securities and Exchange Commission.

ProShares UltraShort MSCI Emerging Markets Stock Performance

Shares of EEV traded up $0.19 during trading on Friday, reaching $18.03. The company’s stock had a trading volume of 36,062 shares, compared to its average volume of 34,299. The company has a fifty day moving average of $15.95 and a two-hundred day moving average of $18.29. ProShares UltraShort MSCI Emerging Markets has a twelve month low of $13.97 and a twelve month high of $41.12.

ProShares UltraShort MSCI Emerging Markets Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th will be issued a $0.0218 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $0.09 annualized dividend and a yield of 0.5%.

ProShares UltraShort MSCI Emerging Markets Company Profile

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index (the Index). The 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 global emerging markets countries. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.