ProShares Ultra SmallCap600 (NYSEARCA:SAA) Short Interest Update

ProShares Ultra SmallCap600 (NYSEARCA:SAA) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 687 shares, a decline of 83.5% from the August 31st total of 4,154 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 4,296 shares, the short-interest ratio is presently 0.2 days.

ProShares Ultra SmallCap600 Price Performance

Shares of SAA traded up $0.02 during mid-day trading on Friday, reaching $32.36. 3,398 shares of the company’s stock were exchanged, compared to its average volume of 5,395. The business’s fifty day simple moving average is $35.94 and its 200-day simple moving average is $33.40. ProShares Ultra SmallCap600 has a 52-week low of $22.57 and a 52-week high of $38.94. The stock has a market capitalization of $25.89 million, a PE ratio of 15.32 and a beta of 2.02.

ProShares Ultra SmallCap600 Company Profile

ProShares Ultra SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P SmallCap 600 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.