ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Shares Shorted: Short Interest Down 96.3% in September

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 1,549 shares, a drop of 96.3% from the August 31st total of 41,638 shares. Based on an average daily volume of 37,329 shares, the short-interest ratio is currently 0.0 days. Approximately 0.2% of the shares of the stock are sold short.

ProShares Short MSCI Emerging Markets Stock Performance

EUM stock traded up $0.11 during midday trading on Thursday, hitting $15.58. 371,244 shares of the stock were exchanged, compared to its average volume of 119,357. The stock’s 50-day moving average price is $15.99 and its 200-day moving average price is $16.67. ProShares Short MSCI Emerging Markets has a fifty-two week low of $15.01 and a fifty-two week high of $21.51.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets 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 -100% of the daily return of the MSCI Emerging Markets Index.