ProShares UltraShort FTSE Europe (NYSEARCA:EPV) Short Interest Down 21.3% in February

ProShares UltraShort FTSE Europe (NYSEARCA:EPV) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 16,788 shares, a decline of 21.3% from the January 29th total of 21,340 shares. Approximately 3.2% of the company’s stock are sold short. Based on an average daily volume of 10,719 shares, the short-interest ratio is currently 1.6 days. Based on an average daily volume of 10,719 shares, the short-interest ratio is currently 1.6 days. Approximately 3.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of EPV. Verity Asset Management Inc. boosted its holdings in ProShares UltraShort FTSE Europe by 17.8% in the 4th quarter. Verity Asset Management Inc. now owns 21,833 shares of the company’s stock valued at $477,000 after purchasing an additional 3,302 shares in the last quarter. Jane Street Group LLC purchased a new stake in ProShares UltraShort FTSE Europe during the 4th quarter worth about $394,000. Two Sigma Securities LLC acquired a new stake in ProShares UltraShort FTSE Europe during the second quarter worth approximately $297,000. Finally, Simplex Trading LLC purchased a new position in ProShares UltraShort FTSE Europe during the second quarter worth about $122,000.

ProShares UltraShort FTSE Europe Price Performance

EPV stock traded down $0.44 during trading on Wednesday, hitting $20.41. 10,840 shares of the company’s stock were exchanged, compared to its average volume of 26,737. ProShares UltraShort FTSE Europe has a 52-week low of $18.67 and a 52-week high of $42.45. The business has a 50-day moving average price of $20.25 and a two-hundred day moving average price of $22.90.

ProShares UltraShort FTSE Europe Company Profile

The ProShares UltraShort FTSE Europe (EPV) is an exchange-traded fund that is based on the FTSE All Cap Developed Europe index. The fund provides a daily leveraged inverse (-2x) exposure to a market-cap-weighted index of European developed markets equities. EPV was launched on Jun 18, 2009 and is managed by ProShares.