Short Interest in ProShares Ultra Industrials (NYSEARCA:UXI) Declines By 35.6%

Posted by Tyrone Williams on Jun 16th, 2026

ProShares Ultra Industrials (NYSEARCA:UXI – Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,356 shares, a drop of 35.6% from the May 14th total of 2,104 shares. Based on an average trading volume of 3,689 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

ProShares Ultra Industrials Stock Performance

NYSEARCA UXI traded up $1.37 during mid-day trading on Tuesday, reaching $60.46. 3,328 shares of the stock were exchanged, compared to its average volume of 6,129. ProShares Ultra Industrials has a 1-year low of $39.97 and a 1-year high of $61.10. The business’s fifty day simple moving average is $55.60 and its 200 day simple moving average is $52.97. The stock has a market capitalization of $33.86 million, a PE ratio of 24.50 and a beta of 2.05.

Hedge Funds Weigh In On ProShares Ultra Industrials

A hedge fund recently raised its stake in ProShares Ultra Industrials stock. IMC Chicago LLC boosted its stake in shares of ProShares Ultra Industrials (NYSEARCA:UXI – Free Report) by 68.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,987 shares of the company’s stock after purchasing an additional 19,898 shares during the period. IMC Chicago LLC owned approximately 8.75% of ProShares Ultra Industrials worth $2,418,000 at the end of the most recent reporting period.

About ProShares Ultra Industrials

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ProShares Ultra Industrials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones United States Industrials Index. The Dow Jones United States Industrials Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land-transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.