ProShares Ultra SpaceX ETF (NYSEARCA:SPCF) Stock Short Interest Report for October

ProShares Ultra SpaceX ETF (NYSEARCA:SPCF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 431,750 shares, an increase of 128.2% from the September 30th total of 189,229 shares. Based on an average daily trading volume, of 1,615,360 shares, the short-interest ratio is presently 0.3 days. Currently, 7.3% of the company’s shares are sold short.

ProShares Ultra SpaceX ETF Trading Down 12.7%

Shares of ProShares Ultra SpaceX ETF stock traded down $1.84 during trading on Friday, hitting $12.63. 1,213,328 shares of the company were exchanged, compared to its average volume of 2,489,118. The stock has a fifty day moving average price of $16.49. ProShares Ultra SpaceX ETF has a 1-year low of $8.85 and a 1-year high of $46.71.

ProShares Ultra SpaceX ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Wednesday, September 23rd were issued a dividend of $0.0758 per share. The ex-dividend date was Wednesday, September 23rd. This represents a $0.30 dividend on an annualized basis and a yield of 2.4%.

ProShares Ultra SpaceX ETF Company Profile

SPCF, the ProShares Ultra SpaceX ETF, is a leveraged single-stock fund that seeks daily investment results, before fees and expenses, equal to 2x (200%) the daily performance of the common stock of SpaceX (SPCX). Because the fund pursues a daily objective and resets its exposure each day, it is designed as a short-term, tactical tool rather than a buy-and-hold investment: over any holding period longer than a single day, returns can differ significantly from 2x the underlying stock’s performance, and that gap tends to widen in more volatile markets.