ProShares Ultra Consumer Staples (NYSEARCA:UGE) Short Interest Down 36.9% in August

Posted by Patrick Bannon on Sep 18th, 2026

ProShares Ultra Consumer Staples (NYSEARCA:UGE – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,845 shares, a decrease of 36.9% from the August 15th total of 6,089 shares. Based on an average daily volume of 18,515 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.6% of the company’s stock are short sold.

Institutional Trading of ProShares Ultra Consumer Staples

A hedge fund recently bought a new stake in ProShares Ultra Consumer Staples stock. IMC Chicago LLC purchased a new position in shares of ProShares Ultra Consumer Staples (NYSEARCA:UGE – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 32,634 shares of the company’s stock, valued at approximately $601,000. IMC Chicago LLC owned about 4.94% of ProShares Ultra Consumer Staples as of its most recent SEC filing.

ProShares Ultra Consumer Staples Price Performance

UGE stock traded down $0.20 during midday trading on Friday, hitting $18.30. The company’s stock had a trading volume of 2,855 shares, compared to its average volume of 58,203. The company’s fifty day moving average price is $19.28 and its 200 day moving average price is $19.11. ProShares Ultra Consumer Staples has a twelve month low of $15.74 and a twelve month high of $22.26. The stock has a market capitalization of $1.65 million, a P/E ratio of 23.21 and a beta of 1.32.

ProShares Ultra Consumer Staples Company Profile

(Get Free Report)

ProShares Ultra Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Consumer Goods Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.