ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Short Interest Update

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 6,171 shares, a decline of 54.9% from the June 30th total of 13,698 shares. Based on an average trading volume of 19,015 shares, the days-to-cover ratio is currently 0.3 days. Currently, 3.1% of the shares of the company are sold short.

ProShares UltraShort MSCI Emerging Markets Stock Performance

Shares of EEV stock traded down $1.00 on Thursday, hitting $12.09. 5,014 shares of the stock traded hands, compared to its average volume of 50,283. The company’s fifty day moving average is $11.43 and its 200 day moving average is $13.89. ProShares UltraShort MSCI Emerging Markets has a 1-year low of $10.01 and a 1-year high of $25.34.

Institutional Trading of ProShares UltraShort MSCI Emerging Markets

An institutional investor recently bought a new position in ProShares UltraShort MSCI Emerging Markets stock. Jane Street Group LLC purchased a new stake in ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 12,486 shares of the company’s stock, valued at approximately $156,000. Jane Street Group LLC owned 3.47% of ProShares UltraShort MSCI Emerging Markets as of its most recent filing with the SEC.

ProShares UltraShort MSCI Emerging Markets Company Profile

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.