ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Short Interest Update

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 2,445 shares, a decrease of 90.3% from the April 15th total of 25,201 shares. Based on an average daily volume of 6,680 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.5% of the company’s shares are short sold.

ProShares Ultra MSCI Emerging Markets Stock Up 0.3%

NYSEARCA:EET traded up $0.31 during midday trading on Monday, hitting $118.15. The stock had a trading volume of 16,905 shares, compared to its average volume of 14,565. ProShares Ultra MSCI Emerging Markets has a one year low of $56.00 and a one year high of $120.31. The stock has a 50-day moving average of $94.28 and a 200 day moving average of $88.85.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in ProShares Ultra MSCI Emerging Markets by 54,900.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,100 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 1,098 shares in the last quarter. Global Assets Advisory LLC bought a new stake in ProShares Ultra MSCI Emerging Markets during the 1st quarter valued at $89,000. Jane Street Group LLC bought a new stake in ProShares Ultra MSCI Emerging Markets during the 2nd quarter valued at $428,000. Tempus Wealth Planning LLC bought a new stake in ProShares Ultra MSCI Emerging Markets during the 3rd quarter valued at $709,000. Finally, IMC Chicago LLC boosted its position in ProShares Ultra MSCI Emerging Markets by 24.0% during the 4th quarter. IMC Chicago LLC now owns 13,271 shares of the exchange traded fund’s stock valued at $1,070,000 after acquiring an additional 2,565 shares in the last quarter.

About ProShares Ultra MSCI Emerging Markets

ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) 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 Index consists of 25 emerging market country indexes, including Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.