ProShares Ultra MSCI EAFE (NYSEARCA:EFO) Sees Large Decrease in Short Interest

ProShares Ultra MSCI EAFE (NYSEARCA:EFOGet Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 4,361 shares, a decline of 59.6% from the May 14th total of 10,782 shares. Based on an average trading volume of 7,145 shares, the short-interest ratio is currently 0.6 days. Currently, 1.0% of the company’s shares are sold short.

ProShares Ultra MSCI EAFE Stock Performance

EFO traded up $0.55 on Friday, hitting $72.93. 8,790 shares of the company were exchanged, compared to its average volume of 9,902. ProShares Ultra MSCI EAFE has a 12 month low of $51.90 and a 12 month high of $76.50. The stock’s fifty day moving average is $70.44 and its 200-day moving average is $68.08.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Osaic Holdings Inc. acquired a new stake in ProShares Ultra MSCI EAFE during the 2nd quarter worth about $55,000. Cassaday & Co Wealth Management LLC bought a new stake in ProShares Ultra MSCI EAFE during the 1st quarter valued at $75,000. Innova Wealth Partners purchased a new position in shares of ProShares Ultra MSCI EAFE during the 1st quarter valued at $236,000. Jane Street Group LLC purchased a new position in shares of ProShares Ultra MSCI EAFE during the 2nd quarter valued at $256,000. Finally, Susquehanna International Group LLP purchased a new position in ProShares Ultra MSCI EAFE in the third quarter worth $515,000.

ProShares Ultra MSCI EAFE Company Profile

(Get Free Report)

ProShares Ultra MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. The MSCI EAFE Index consists of 21 developed market country indexes, including Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.

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