ProShares Ultra FTSE Europe (NYSEARCA:UPV) Short Interest Update

ProShares Ultra FTSE Europe (NYSEARCA:UPV) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 3,157 shares, a decline of 39.6% from the January 29th total of 5,223 shares. Currently, 2.6% of the company’s shares are short sold. Based on an average daily volume of 1,597 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 1,597 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.6% of the company’s shares are short sold.

Institutional Investors Weigh In On ProShares Ultra FTSE Europe

An institutional investor recently bought a new position in ProShares Ultra FTSE Europe stock. Jane Street Group LLC bought a new position in ProShares Ultra FTSE Europe (NYSEARCA:UPV) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned about 2.72% of ProShares Ultra FTSE Europe as of its most recent SEC filing.

ProShares Ultra FTSE Europe Price Performance

Shares of ProShares Ultra FTSE Europe stock opened at $103.46 on Friday. ProShares Ultra FTSE Europe has a 52 week low of $51.37 and a 52 week high of $104.40. The business has a 50 day moving average price of $96.87 and a 200-day moving average price of $88.01.

About ProShares Ultra FTSE Europe

ProShares Ultra MSCI Europe seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Europe Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into large and mid-cap segments, and targets approximately 85% of free float-adjusted market capitalization of the region.