ProShares Ultra MSCI Japan (NYSEARCA:EZJ – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,340 shares, a growth of 367.6% from the August 15th total of 1,356 shares. Approximately 3.2% of the shares of the company are sold short. Based on an average daily volume of 6,823 shares, the short-interest ratio is presently 0.9 days.
Institutional Investors Weigh In On ProShares Ultra MSCI Japan
A hedge fund recently bought a new stake in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC acquired a new stake in ProShares Ultra MSCI Japan (NYSEARCA:EZJ – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned about 2.80% of ProShares Ultra MSCI Japan at the end of the most recent quarter.
ProShares Ultra MSCI Japan Trading Up 4.6%
Shares of NYSEARCA:EZJ traded up $3.10 during midday trading on Friday, reaching $71.13. The company had a trading volume of 1,284 shares, compared to its average volume of 7,709. The company’s 50 day moving average price is $66.10 and its 200 day moving average price is $62.75. The stock has a market cap of $14.23 million, a P/E ratio of 14.73 and a beta of 1.37. ProShares Ultra MSCI Japan has a 52-week low of $46.28 and a 52-week high of $71.65.
About ProShares Ultra MSCI Japan
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.
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