ProShares Ultra Energy (NYSEARCA:DIG) Short Interest Update

ProShares Ultra Energy (NYSEARCA:DIG) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 18,800 shares, a drop of 18.3% from the January 29th total of 22,997 shares. Based on an average daily volume of 86,096 shares, the short-interest ratio is presently 0.2 days. Currently, 1.0% of the company’s stock are short sold. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 86,096 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of ProShares Ultra Energy

A number of institutional investors have recently made changes to their positions in DIG. Envestnet Asset Management Inc. purchased a new position in shares of ProShares Ultra Energy during the second quarter valued at approximately $393,000. Jane Street Group LLC grew its position in ProShares Ultra Energy by 411.8% in the 2nd quarter. Jane Street Group LLC now owns 30,709 shares of the exchange traded fund’s stock worth $1,022,000 after purchasing an additional 24,709 shares during the period. Group One Trading LLC purchased a new stake in ProShares Ultra Energy during the 2nd quarter valued at $33,000. Tower Research Capital LLC TRC raised its stake in ProShares Ultra Energy by 789.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 26,205 shares of the exchange traded fund’s stock valued at $872,000 after buying an additional 23,258 shares during the last quarter. Finally, PMV Capital Advisers LLC lifted its holdings in shares of ProShares Ultra Energy by 53.7% during the 4th quarter. PMV Capital Advisers LLC now owns 12,924 shares of the exchange traded fund’s stock valued at $466,000 after buying an additional 4,518 shares during the period.

ProShares Ultra Energy Price Performance

DIG stock opened at $55.91 on Thursday. ProShares Ultra Energy has a 1-year low of $26.50 and a 1-year high of $59.41. The business has a fifty day moving average price of $45.78 and a 200-day moving average price of $39.35. The stock has a market capitalization of $103.43 million, a P/E ratio of 14.85 and a beta of 1.53.

About ProShares Ultra Energy

ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.