ProShares Ultra Communication Services Select Sector (BATS:XCOM) Shares Shorted: Short Interest Up 347.6% in October

ProShares Ultra Communication Services Select Sector (BATS:XCOM – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 94 shares, a growth of 347.6% from the October 15th total of 21 shares. Based on an average trading volume of 96 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the shares of the company are short sold.

ProShares Ultra Communication Services Select Sector Price Performance

BATS XCOM opened at $23.99 on Friday. The company’s 50 day moving average is $27.51 and its 200-day moving average is $41.01. ProShares Ultra Communication Services Select Sector has a 12-month low of $18.98 and a 12-month high of $29.59.

ProShares Ultra Communication Services Select Sector Company Profile

(Get Free Report)

Xtera Communications, Inc. engages in the provision of optical transport solutions. Its products include NXT and Nu-Wave Optima configuration. The company was founded by Mohammed Islam, Robert A. Lundy, and Hayden H. Harris in 1998 and is headquartered in Allen, TX.

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