ProShares UltraShort Industrials (NYSEARCA:SIJ) Short Interest Up 1,934.0% in December

ProShares UltraShort Industrials (NYSEARCA:SIJ) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 1,912 shares, an increase of 1,934.0% from the November 30th total of 94 shares. Based on an average daily volume of 5,101 shares, the short-interest ratio is presently 0.4 days. Approximately 2.1% of the company’s shares are sold short. Approximately 2.1% of the company’s shares are sold short. Based on an average daily volume of 5,101 shares, the short-interest ratio is presently 0.4 days.

ProShares UltraShort Industrials Trading Down 2.0%

NYSEARCA SIJ traded down $0.22 during trading hours on Thursday, hitting $10.97. 5,376 shares of the company’s stock were exchanged, compared to its average volume of 5,217. ProShares UltraShort Industrials has a 1-year low of $10.96 and a 1-year high of $23.72. The stock has a 50-day simple moving average of $11.69 and a 200 day simple moving average of $12.06.

About ProShares UltraShort Industrials

ProShares UltraShort Industrials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.