ProShares Ultra High Yield (NYSEARCA:UJB) Shares Shorted: Short Interest Down 93.5% in October

ProShares Ultra High Yield (NYSEARCA:UJB – Get Free Report) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 8 shares, a decrease of 93.5% from the September 30th total of 123 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 566 shares, the days-to-cover ratio is currently 0.0 days.

ProShares Ultra High Yield Stock Up 0.4%

Shares of UJB stock opened at $74.09 on Tuesday. The stock has a fifty day moving average of $76.37 and a 200 day moving average of $78.05. ProShares Ultra High Yield has a 52 week low of $73.20 and a 52 week high of $80.09.

About ProShares Ultra High Yield

(Get Free Report)

The ProShares Ultra High Yield (UJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years. UJB was launched on Apr 13, 2011 and is managed by ProShares.

Further Reading

Receive News & Ratings for ProShares Ultra High Yield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra High Yield and related companies with MarketBeat.com's FREE daily email newsletter.