ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) Short Interest Update

ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 3,786 shares, a growth of 50.7% from the January 15th total of 2,512 shares. Currently, 3.2% of the company’s stock are short sold. Based on an average daily trading volume, of 8,379 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 8,379 shares, the short-interest ratio is currently 0.5 days. Currently, 3.2% of the company’s stock are short sold.

ProShares Ultra MSCI Brazil Capped Stock Down 2.4%

Shares of UBR traded down $0.90 during midday trading on Monday, reaching $37.22. 6,362 shares of the stock were exchanged, compared to its average volume of 5,739. The firm has a 50 day simple moving average of $30.40 and a 200-day simple moving average of $25.85. ProShares Ultra MSCI Brazil Capped has a 12-month low of $14.00 and a 12-month high of $39.71.

ProShares Ultra MSCI Brazil Capped Company Profile

ProShares Ultra MSCI Brazil Capped, formerly ProShares Ultra MSCI Brazil, seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Brazil Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index is divided into large- and mid-cap segments. The Fund invests in common stock issued by public companies. The Fund may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and New York Shares (NYSs).