ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Short Interest Down 43.1% in May

ProShares Ultra MSCI Japan (NYSEARCA:EZJ) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,606 shares, a drop of 43.1% from the May 14th total of 2,822 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 4,044 shares, the short-interest ratio is presently 0.4 days.

ProShares Ultra MSCI Japan Stock Performance

Shares of NYSEARCA EZJ traded up $2.58 during trading hours on Monday, reaching $66.60. 2,103 shares of the stock were exchanged, compared to its average volume of 10,211. The stock’s fifty day simple moving average is $61.53 and its 200 day simple moving average is $58.49. ProShares Ultra MSCI Japan has a 52 week low of $39.50 and a 52 week high of $70.50. The firm has a market capitalization of $14.65 million, a price-to-earnings ratio of 14.73 and a beta of 1.36.

Hedge Funds Weigh In On ProShares Ultra MSCI Japan

An institutional investor recently bought a new position in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC acquired a new position in shares of ProShares Ultra MSCI Japan (NYSEARCA:EZJ) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned 2.80% of ProShares Ultra MSCI Japan at the end of the most recent reporting period.

ProShares Ultra MSCI Japan Company Profile

ProShares Ultra MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Japan Index. The MSCI Japan 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 Japan. The Fund invests in equity securities and derivatives. Its investment advisor is ProShare Advisors LLC.