Short Interest in ProShares Ultra MSCI EAFE (NYSEARCA:EFO) Declines By 46.4%

ProShares Ultra MSCI EAFE (NYSEARCA:EFO) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 7,298 shares, a decrease of 46.4% from the April 15th total of 13,618 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average daily trading volume, of 7,458 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On ProShares Ultra MSCI EAFE

Large investors have recently bought and sold shares of the company. Susquehanna International Group LLP purchased a new stake in ProShares Ultra MSCI EAFE in the third quarter valued at approximately $515,000. Jane Street Group LLC purchased a new stake in ProShares Ultra MSCI EAFE in the second quarter valued at approximately $256,000. Osaic Holdings Inc. purchased a new stake in ProShares Ultra MSCI EAFE in the second quarter valued at approximately $55,000. Cassaday & Co Wealth Management LLC purchased a new stake in ProShares Ultra MSCI EAFE in the first quarter valued at approximately $75,000. Finally, Innova Wealth Partners purchased a new stake in ProShares Ultra MSCI EAFE in the first quarter valued at approximately $236,000.

ProShares Ultra MSCI EAFE Price Performance

NYSEARCA EFO traded down $2.46 during trading hours on Friday, reaching $68.76. The stock had a trading volume of 4,663 shares, compared to its average volume of 10,472. The stock has a fifty day moving average of $67.26 and a 200 day moving average of $66.47. ProShares Ultra MSCI EAFE has a 52-week low of $51.67 and a 52-week high of $76.50.

About ProShares Ultra MSCI EAFE

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.