Short Interest in ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Expands By 46.9%

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,958 shares, an increase of 46.9% from the November 30th total of 2,014 shares. Based on an average daily trading volume, of 11,510 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.8% of the company’s shares are short sold. Approximately 1.8% of the company’s shares are short sold. Based on an average daily trading volume, of 11,510 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On ProShares UltraShort MSCI Emerging Markets

An institutional investor recently bought a new position in ProShares UltraShort MSCI Emerging Markets stock. Jane Street Group LLC acquired a new position in shares of ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,486 shares of the company’s stock, valued at approximately $156,000. Jane Street Group LLC owned approximately 3.47% of ProShares UltraShort MSCI Emerging Markets at the end of the most recent reporting period.

ProShares UltraShort MSCI Emerging Markets Stock Performance

Shares of EEV stock traded up $0.13 during trading hours on Monday, hitting $18.83. 1,278 shares of the company were exchanged, compared to its average volume of 8,207. The company has a 50 day simple moving average of $19.54 and a two-hundred day simple moving average of $21.94. ProShares UltraShort MSCI Emerging Markets has a fifty-two week low of $18.40 and a fifty-two week high of $41.12.

ProShares UltraShort MSCI Emerging Markets Company Profile

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index (the Index). The Index 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 global emerging markets countries. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.