ProShares UltraShort MidCap 400 (NYSEARCA:MZZ) Sees Significant Drop in Short Interest

Posted by Stephan Jacobs on Jun 26th, 2026

ProShares UltraShort MidCap 400 (NYSEARCA:MZZ – Get Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,764 shares, a drop of 87.3% from the May 31st total of 13,919 shares. Based on an average trading volume of 36,795 shares, the short-interest ratio is currently 0.0 days. Approximately 1.6% of the shares of the stock are sold short.

Hedge Funds Weigh In On ProShares UltraShort MidCap 400

A hedge fund recently raised its stake in ProShares UltraShort MidCap 400 stock. Tower Research Capital LLC TRC lifted its position in shares of ProShares UltraShort MidCap 400 (NYSEARCA:MZZ – Free Report) by 6.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 22,882 shares of the company’s stock after buying an additional 1,354 shares during the period. Tower Research Capital LLC TRC owned 16.34% of ProShares UltraShort MidCap 400 worth $210,000 as of its most recent SEC filing.

ProShares UltraShort MidCap 400 Price Performance

Shares of ProShares UltraShort MidCap 400 stock traded up $0.02 on Friday, hitting $5.87. The company’s stock had a trading volume of 1,326 shares, compared to its average volume of 9,507. The firm has a fifty day moving average price of $6.28 and a 200-day moving average price of $6.95. ProShares UltraShort MidCap 400 has a 52-week low of $5.74 and a 52-week high of $9.41.

About ProShares UltraShort MidCap 400

(Get Free Report)

ProShares UltraShort MidCap400 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P MidCap 400 Index (the Index). The Index is a measure of mid-size company United States stock market performance. It is a float-adjusted market capitalization weighted index of 400 United States operating companies and real estate investment trusts (REITs). Securities are selected for inclusion in the Index by the S&P U.S. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.