ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO) Sees Significant Increase in Short Interest

Posted by Latisha Jones on Oct 31st, 2026

ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 2,521,203 shares, a growth of 106.4% from the September 30th total of 1,221,619 shares. Approximately 4.8% of the company’s stock are short sold. Based on an average daily trading volume, of 5,699,392 shares, the days-to-cover ratio is presently 0.4 days.

ProShares UltraShort Bloomberg Crude Oil Price Performance

NYSEARCA:SCO traded down $0.10 during trading hours on Friday, hitting $15.65. 5,652,614 shares of the company traded hands, compared to its average volume of 7,062,208. The firm’s 50-day simple moving average is $19.87 and its 200-day simple moving average is $33.20. ProShares UltraShort Bloomberg Crude Oil has a one year low of $15.26 and a one year high of $84.14.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. NewEdge Advisors LLC purchased a new position in ProShares UltraShort Bloomberg Crude Oil during the first quarter worth about $144,000. Integrated Investment Consultants LLC purchased a new stake in ProShares UltraShort Bloomberg Crude Oil in the 1st quarter valued at about $946,000. Arkadios Wealth Advisors purchased a new stake in ProShares UltraShort Bloomberg Crude Oil in the 1st quarter valued at about $108,000. Talon Private Wealth LLC bought a new position in shares of ProShares UltraShort Bloomberg Crude Oil during the 1st quarter worth approximately $8,517,000. Finally, Waverly Advisors LLC bought a new position in shares of ProShares UltraShort Bloomberg Crude Oil during the 1st quarter worth approximately $83,000.

About ProShares UltraShort Bloomberg Crude Oil

(Get Free Report)

The ProShares UltraShort Bloomberg Crude Oil (SCO) is an exchange-traded fund that is based on the Bloomberg WTI Crude Oil Subindex index. The fund provides -2x the daily return of an index of futures contracts on light sweet crude oil. SCO was launched on Nov 24, 2008 and is managed by ProShares.