ProShares Ultra Euro (NYSEARCA:ULE) Shares Shorted: Short Interest Up 421.1% in October

ProShares Ultra Euro (NYSEARCA:ULE – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 18,250 shares, a growth of 421.1% from the September 30th total of 3,502 shares. Based on an average trading volume of 9,529 shares, the short-interest ratio is currently 1.9 days. Currently, 6.1% of the shares of the company are short sold.

ProShares Ultra Euro Trading Up 0.2%

NYSEARCA:ULE traded up $0.02 during mid-day trading on Wednesday, reaching $11.74. 1,137 shares of the stock were exchanged, compared to its average volume of 7,429. ProShares Ultra Euro has a 1 year low of $11.67 and a 1 year high of $13.89. The company has a 50 day simple moving average of $12.33 and a 200-day simple moving average of $12.69.

ProShares Ultra Euro Company Profile

(Get Free Report)

The ProShares Ultra Euro (ULE) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides 2x the daily performance of the euro spot price against the US dollar. ULE was launched on Nov 25, 2008 and is managed by ProShares.

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