Short Interest in ProShares Ultra Euro (NYSEARCA:ULE) Drops By 26.3%

ProShares Ultra Euro (NYSEARCA:ULE) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 23,289 shares, a drop of 26.3% from the December 15th total of 31,587 shares. Approximately 5.2% of the shares of the company are short sold. Based on an average daily trading volume, of 10,094 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily trading volume, of 10,094 shares, the days-to-cover ratio is currently 2.3 days. Approximately 5.2% of the shares of the company are short sold.

ProShares Ultra Euro Trading Down 0.2%

Shares of ProShares Ultra Euro stock opened at $12.82 on Monday. The firm has a 50-day simple moving average of $12.99 and a two-hundred day simple moving average of $13.03. ProShares Ultra Euro has a fifty-two week low of $10.17 and a fifty-two week high of $13.64.

About ProShares Ultra Euro

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.