Short Interest in ProShares Short MSCI EAFE (NYSEARCA:EFZ) Increases By 286.7%

ProShares Short MSCI EAFE (NYSEARCA:EFZ) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 5,305 shares, a growth of 286.7% from the July 30th total of 1,372 shares. Based on an average daily trading volume, of 4,869 shares, the short-interest ratio is presently 1.1 days. Approximately 1.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EFZ. Jane Street Group LLC acquired a new stake in ProShares Short MSCI EAFE in the 4th quarter valued at about $147,000. Hamilton Wealth LLC purchased a new stake in shares of ProShares Short MSCI EAFE during the first quarter worth approximately $314,000. Susquehanna International Group LLP increased its stake in shares of ProShares Short MSCI EAFE by 40.3% during the second quarter. Susquehanna International Group LLP now owns 28,599 shares of the company’s stock worth $657,000 after buying an additional 8,218 shares during the period. Finally, SB Capital Management Inc acquired a new stake in ProShares Short MSCI EAFE in the fourth quarter valued at approximately $1,460,000.

ProShares Short MSCI EAFE Stock Performance

Shares of NYSEARCA:EFZ traded down $0.13 during trading on Friday, hitting $22.16. The company’s stock had a trading volume of 177 shares, compared to its average volume of 32,195. The business has a 50 day moving average price of $22.74 and a two-hundred day moving average price of $23.58. ProShares Short MSCI EAFE has a fifty-two week low of $21.94 and a fifty-two week high of $27.70.

About ProShares Short MSCI EAFE

ProShares Short MSCI EAFE (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -100% of the daily return of the MSCI EAFE Index.