ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Sees Significant Increase in Short Interest

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 2,958 shares, a growth of 46.9% from the November 30th total of 2,014 shares. Currently, 1.8% of the company’s stock are sold short. Based on an average daily volume of 11,510 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 11,510 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.8% of the company’s stock are sold short.

ProShares UltraShort MSCI Emerging Markets Stock Up 0.5%

Shares of ProShares UltraShort MSCI Emerging Markets stock traded up $0.10 during trading hours on Wednesday, hitting $18.77. 1,332 shares of the company’s stock traded hands, compared to its average volume of 8,186. ProShares UltraShort MSCI Emerging Markets has a twelve month low of $18.40 and a twelve month high of $41.12. The stock has a 50 day simple moving average of $19.51 and a 200-day simple moving average of $21.83.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares UltraShort MSCI Emerging Markets stock. Jane Street Group LLC purchased a new stake in shares of ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 12,486 shares of the company’s stock, valued at approximately $156,000. Jane Street Group LLC owned 3.47% of ProShares UltraShort MSCI Emerging Markets as of its most recent filing with the Securities and Exchange Commission.

ProShares UltraShort MSCI Emerging Markets Company Profile

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of 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 Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.