ProShares Ultra FTSE Europe (NYSEARCA:UPV – Get Free Report) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 3,605 shares, a decrease of 33.8% from the December 31st total of 5,449 shares. Based on an average daily volume of 1,520 shares, the days-to-cover ratio is currently 2.4 days. Currently, 3.0% of the company’s shares are sold short. Currently, 3.0% of the company’s shares are sold short. Based on an average daily volume of 1,520 shares, the days-to-cover ratio is currently 2.4 days.
ProShares Ultra FTSE Europe Trading Down 2.0%
Shares of UPV traded down $1.96 during trading hours on Friday, reaching $97.85. 1,128 shares of the company traded hands, compared to its average volume of 1,386. ProShares Ultra FTSE Europe has a 12 month low of $51.37 and a 12 month high of $101.41. The company’s fifty day moving average price is $90.80 and its two-hundred day moving average price is $84.83.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in ProShares Ultra FTSE Europe stock. Jane Street Group LLC bought a new stake in ProShares Ultra FTSE Europe (NYSEARCA:UPV – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned 2.72% of ProShares Ultra FTSE Europe as of its most recent SEC filing.
ProShares Ultra FTSE Europe Company Profile
ProShares Ultra MSCI Europe seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Europe Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into large and mid-cap segments, and targets approximately 85% of free float-adjusted market capitalization of the region.
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