ProShares Ultra FTSE Europe (NYSEARCA:UPV) Sees Significant Increase in Short Interest

ProShares Ultra FTSE Europe (NYSEARCA:UPV) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,789 shares, an increase of 59.7% from the November 30th total of 1,120 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 873 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 873 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.5% of the shares of the company are short sold.

Institutional Investors Weigh In On ProShares Ultra FTSE Europe

An institutional investor recently bought a new position in ProShares Ultra FTSE Europe stock. Jane Street Group LLC acquired a new stake in ProShares Ultra FTSE Europe (NYSEARCA:UPV) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned 2.72% of ProShares Ultra FTSE Europe at the end of the most recent quarter.

ProShares Ultra FTSE Europe Stock Up 0.5%

Shares of UPV traded up $0.44 during midday trading on Friday, reaching $90.66. 38 shares of the stock were exchanged, compared to its average volume of 2,039. ProShares Ultra FTSE Europe has a twelve month low of $51.37 and a twelve month high of $91.00. The business’s 50-day moving average price is $85.26 and its 200 day moving average price is $82.05.

About ProShares Ultra FTSE Europe

ProShares Ultra MSCI Europe seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Europe Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into large and mid-cap segments, and targets approximately 85% of free float-adjusted market capitalization of the region.