ProShares Ultra FTSE Europe (NYSEARCA:UPV) Short Interest Update

ProShares Ultra FTSE Europe (NYSEARCA:UPV) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,690 shares, an increase of 236.0% from the April 15th total of 503 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 880 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Ultra FTSE Europe stock. Jane Street Group LLC acquired a new stake in ProShares Ultra FTSE Europe (NYSEARCA:UPV) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned about 2.72% of ProShares Ultra FTSE Europe at the end of the most recent reporting period.

ProShares Ultra FTSE Europe Stock Down 3.9%

NYSEARCA UPV traded down $3.75 during trading hours on Friday, reaching $91.69. The company’s stock had a trading volume of 739 shares, compared to its average volume of 1,901. The firm has a fifty day simple moving average of $91.16 and a 200-day simple moving average of $91.44. ProShares Ultra FTSE Europe has a 52 week low of $73.16 and a 52 week high of $104.40.

About ProShares Ultra FTSE Europe

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.