ProShares Ultra Utilities (NYSEARCA:UPW) Sees Significant Decrease in Short Interest

Posted by Donna Armstrong on Nov 3rd, 2026

ProShares Ultra Utilities (NYSEARCA:UPW – Get Free Report) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 9,935 shares, a drop of 42.1% from the September 30th total of 17,146 shares. Approximately 1.7% of the shares of the stock are short sold. Based on an average daily volume of 22,855 shares, the short-interest ratio is presently 0.4 days.

ProShares Ultra Utilities Stock Performance

NYSEARCA UPW traded down $0.17 during trading on Tuesday, reaching $21.60. 35,547 shares of the company traded hands, compared to its average volume of 21,326. The stock’s 50 day moving average price is $20.01 and its two-hundred day moving average price is $22.85. The company has a market cap of $12.96 million, a price-to-earnings ratio of 21.21 and a beta of 1.11. ProShares Ultra Utilities has a 1-year low of $17.57 and a 1-year high of $26.80.

Institutional Trading of ProShares Ultra Utilities

A hedge fund recently raised its position in ProShares Ultra Utilities stock. IMC Chicago LLC raised its stake in ProShares Ultra Utilities (NYSEARCA:UPW – Free Report) by 13.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,657 shares of the company’s stock after acquiring an additional 3,895 shares during the period. IMC Chicago LLC owned about 3.47% of ProShares Ultra Utilities worth $834,000 as of its most recent SEC filing.

About ProShares Ultra Utilities

(Get Free Report)

ProShares Ultra Utilities (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Utilities Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.