Short Interest in ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Increases By 253.7%

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 9,075 shares, a growth of 253.7% from the December 31st total of 2,566 shares. Based on an average daily trading volume, of 11,709 shares, the short-interest ratio is presently 0.8 days. Approximately 5.7% of the company’s stock are short sold. Approximately 5.7% of the company’s stock are short sold. Based on an average daily trading volume, of 11,709 shares, the short-interest ratio is presently 0.8 days.

ProShares UltraShort MSCI Emerging Markets Stock Up 4.4%

ProShares UltraShort MSCI Emerging Markets stock traded up $0.68 during midday trading on Friday, reaching $16.06. The company’s stock had a trading volume of 9,623 shares, compared to its average volume of 14,096. ProShares UltraShort MSCI Emerging Markets has a fifty-two week low of $15.22 and a fifty-two week high of $41.12. The business has a 50-day simple moving average of $18.44 and a 200-day simple moving average of $20.56.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares UltraShort MSCI Emerging Markets stock. Verity Asset Management Inc. grew its stake in ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) by 15.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,526 shares of the company’s stock after purchasing an additional 1,705 shares during the period. Verity Asset Management Inc. owned approximately 3.49% of ProShares UltraShort MSCI Emerging Markets worth $156,000 at the end of the most recent reporting period.

ProShares UltraShort MSCI Emerging Markets Company Profile

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.