ProShares Ultra Industrials (NYSEARCA:UXI) Short Interest Update

ProShares Ultra Industrials (NYSEARCA:UXI) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,955 shares, an increase of 191.7% from the May 31st total of 1,356 shares. Based on an average daily trading volume, of 1,802 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.7% of the company’s shares are short sold.

ProShares Ultra Industrials Trading Up 3.6%

Shares of UXI stock traded up $2.22 during trading hours on Tuesday, reaching $63.07. The company’s stock had a trading volume of 419 shares, compared to its average volume of 6,429. The stock has a market capitalization of $35.32 million, a P/E ratio of 24.50 and a beta of 2.05. ProShares Ultra Industrials has a one year low of $41.49 and a one year high of $64.95. The firm’s fifty day simple moving average is $56.93 and its 200 day simple moving average is $54.05.

Institutional Trading of ProShares Ultra Industrials

An institutional investor recently raised its position in ProShares Ultra Industrials stock. IMC Chicago LLC raised its stake in shares of ProShares Ultra Industrials (NYSEARCA:UXI) by 68.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,987 shares of the company’s stock after purchasing an additional 19,898 shares during the quarter. 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

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.