ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Sees Significant Increase in Short Interest

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,579,748 shares, an increase of 106.5% from the December 31st total of 765,045 shares. Based on an average daily trading volume, of 4,025,548 shares, the short-interest ratio is currently 0.4 days. Approximately 8.6% of the shares of the stock are short sold. Approximately 8.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,025,548 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On ProShares Ultra Bloomberg Crude Oil

Several institutional investors have recently made changes to their positions in the company. Luminist Capital LLC purchased a new stake in ProShares Ultra Bloomberg Crude Oil in the 2nd quarter worth about $30,000. Flow Traders U.S. LLC increased its position in shares of ProShares Ultra Bloomberg Crude Oil by 202.7% during the second quarter. Flow Traders U.S. LLC now owns 32,267 shares of the exchange traded fund’s stock worth $723,000 after purchasing an additional 21,609 shares in the last quarter. Two Sigma Securities LLC lifted its holdings in shares of ProShares Ultra Bloomberg Crude Oil by 25.8% during the 2nd quarter. Two Sigma Securities LLC now owns 13,583 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 2,785 shares during the last quarter. Corsicana & Co. purchased a new position in ProShares Ultra Bloomberg Crude Oil during the 3rd quarter worth $45,000. Finally, Spire Wealth Management raised its stake in ProShares Ultra Bloomberg Crude Oil by 15.5% in the third quarter. Spire Wealth Management now owns 6,702 shares of the exchange traded fund’s stock valued at $151,000 after buying an additional 900 shares during the last quarter.

ProShares Ultra Bloomberg Crude Oil Price Performance

Shares of UCO stock traded up $0.16 on Friday, hitting $24.10. 1,503,090 shares of the company’s stock traded hands, compared to its average volume of 3,329,902. The company’s fifty day simple moving average is $20.16 and its 200 day simple moving average is $21.67. ProShares Ultra Bloomberg Crude Oil has a one year low of $17.78 and a one year high of $29.20.

Key ProShares Ultra Bloomberg Crude Oil News

Here are the key news stories impacting ProShares Ultra Bloomberg Crude Oil this week:

• Positive Sentiment: OPEC+ is set to keep its production pause for March, a supply restraint that has pushed crude prices higher and directly supports leveraged oil ETFs like UCO. OPEC+ set to keep oil production pause for March as prices jump, sources say
• Positive Sentiment: Renewed U.S.–Iran tensions and discussion of possible military options have lifted risk premia in oil, a direct bullish driver for crude and UCO. Oil prices rise more than 2% as Trump weighs strikes on Iran
• Positive Sentiment: Technical momentum is improving — analysts note breakouts above key resistance and the 200‑day average, which can attract momentum flows into oil ETFs. Crude Oil Price Forecast: Breakout Signals Potential Upside Continuation
• Neutral Sentiment: Market surveys show oil could hover near ~$60/barrel this year as oversupply risks offset geopolitical shocks — this caps upside for a leveraged crude product unless supply expectations change. Oil forecast to hover near $60/bbl, oversupply outweighs geopolitical risks
• Neutral Sentiment: Big‑oil earnings and operational updates (e.g., Exxon’s Q4 beat and lower‑cost production gains) show sector resilience; these are supportive for oil equities but only indirectly affect a crude‑tracking ETF. Exxon beats Wall Street targets for Q4 profit
• Neutral Sentiment: China’s CNPC restarting a Dalian refinery unit to process discounted Russian oil changes regional flows — a market-structure development that has mixed effects on global crude balances. China’s CNPC set to restart Dalian refinery to process Russian oil
• Negative Sentiment: Sweeping Venezuelan oil‑law reforms and recent U.S. easing of some sanctions increase the prospect of Venezuelan barrels returning to markets — a potential medium‑term supply source that could weigh on crude and UCO. Sweeping oil reform in Venezuela approved, operators expected to gain autonomy
• Negative Sentiment: Operational signs of Venezuelan exports returning (Citgo reportedly bought a Venezuelan cargo) reinforce the risk of increased supply that could cap price gains for leveraged crude products. Citgo buys first Venezuelan oil cargo since ending ties with Venezuelan parent
• Negative Sentiment: Political and regulatory risks remain: U.S. lawmakers are probing trading houses and warning companies about Venezuela deals, adding uncertainty that could slow investment and transactional volumes tied to Venezuelan oil. House Democrats warn oil companies of risks of Venezuela transactions

About ProShares Ultra Bloomberg Crude Oil

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.