ProShares Ultra MidCap 400 (NYSEARCA:MVV) Short Interest Update

ProShares Ultra MidCap 400 (NYSEARCA:MVV) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,948 shares, a growth of 149.7% from the June 30th total of 780 shares. Based on an average trading volume of 8,788 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

ProShares Ultra MidCap 400 Price Performance

NYSEARCA:MVV opened at $85.87 on Thursday. ProShares Ultra MidCap 400 has a fifty-two week low of $61.64 and a fifty-two week high of $92.24. The stock has a market capitalization of $150.27 million, a PE ratio of 19.18 and a beta of 2.01. The business’s 50-day simple moving average is $87.87 and its 200-day simple moving average is $81.59.

Institutional Trading of ProShares Ultra MidCap 400

Hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC bought a new position in ProShares Ultra MidCap 400 in the fourth quarter valued at approximately $27,000. Tucker Asset Management LLC bought a new stake in shares of ProShares Ultra MidCap 400 during the fourth quarter worth $37,000. Osaic Holdings Inc. acquired a new stake in shares of ProShares Ultra MidCap 400 during the second quarter worth $195,000. Finally, Integrated Advisors Network LLC raised its holdings in shares of ProShares Ultra MidCap 400 by 16.5% during the fourth quarter. Integrated Advisors Network LLC now owns 9,146 shares of the company’s stock worth $637,000 after acquiring an additional 1,297 shares during the period.

ProShares Ultra MidCap 400 Company Profile

ProShares Ultra MidCap400 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is a measure of mid-size company United States stock market performance. It is a float-adjusted market capitalization weighted index of 400 United States operating companies and real estate investment trusts (REITs). Securities are selected for inclusion in the Index by the S&P U.S. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.