ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) Short Interest Update

ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 4,062 shares, an increase of 653.6% from the January 29th total of 539 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 13,763 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 13,763 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are short sold.

ProShares UltraPro MidCap 400 Stock Up 1.1%

Shares of UMDD stock traded up $0.36 during trading hours on Wednesday, hitting $32.02. 8,824 shares of the company’s stock traded hands, compared to its average volume of 10,409. The stock’s fifty day simple moving average is $29.37 and its two-hundred day simple moving average is $26.63. ProShares UltraPro MidCap 400 has a 12-month low of $12.81 and a 12-month high of $33.12. The stock has a market cap of $34.58 million, a price-to-earnings ratio of 13.00 and a beta of 3.25.

Institutional Investors Weigh In On ProShares UltraPro MidCap 400

An institutional investor recently bought a new position in ProShares UltraPro MidCap 400 stock. Susquehanna International Group LLP bought a new position in ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,843 shares of the company’s stock, valued at approximately $531,000. Susquehanna International Group LLP owned about 1.86% of ProShares UltraPro MidCap 400 at the end of the most recent quarter.

ProShares UltraPro MidCap 400 Company Profile

ProShares UltraPro MidCap400 (the Fund), seeks daily investment results, which correspond to triple (300%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float. The investment adviser of the Fund is ProShare Advisors LLC .