ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Shares Shorted: Short Interest Up 174.4% in October

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 19,308 shares, a growth of 174.4% from the September 30th total of 7,037 shares. Currently, 2.2% of the shares of the company are short sold. Based on an average daily volume of 48,889 shares, the short-interest ratio is presently 0.4 days.

ProShares Short MSCI Emerging Markets Stock Up 1.3%

Shares of EUM traded up $0.21 during mid-day trading on Thursday, hitting $16.77. 136,860 shares of the company’s stock were exchanged, compared to its average volume of 110,885. ProShares Short MSCI Emerging Markets has a 52 week low of $15.01 and a 52 week high of $21.33. The stock’s 50-day simple moving average is $15.90 and its 200-day simple moving average is $16.95.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets 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 global emerging markets countries. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -100% of the daily return of the MSCI Emerging Markets Index.