ProShares Ultra Yen (NYSEARCA:YCL) Short Interest Update

ProShares Ultra Yen (NYSEARCA:YCLGet Free Report) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 15,790 shares, a decline of 51.9% from the January 15th total of 32,824 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 120,258 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 120,258 shares, the short-interest ratio is currently 0.1 days. Currently, 0.6% of the shares of the stock are sold short.

ProShares Ultra Yen Stock Up 0.3%

ProShares Ultra Yen stock traded up $0.05 during trading hours on Thursday, hitting $19.91. The stock had a trading volume of 55,949 shares, compared to its average volume of 80,370. ProShares Ultra Yen has a 1-year low of $18.47 and a 1-year high of $24.90. The stock’s fifty day moving average is $19.18 and its two-hundred day moving average is $20.37.

Hedge Funds Weigh In On ProShares Ultra Yen

An institutional investor recently bought a new position in ProShares Ultra Yen stock. Private Wealth Advisors LLC acquired a new position in shares of ProShares Ultra Yen (NYSEARCA:YCLFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 49,161 shares of the company’s stock, valued at approximately $937,000. Private Wealth Advisors LLC owned approximately 1.93% of ProShares Ultra Yen at the end of the most recent reporting period.

ProShares Ultra Yen Company Profile

(Get Free Report)

The ProShares Ultra Yen (YCL) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCL was launched on Nov 24, 2008 and is managed by ProShares.

Further Reading

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