ProShares Short FTSE China 50 (NYSEARCA:YXI) Short Interest Down 55.2% in December

ProShares Short FTSE China 50 (NYSEARCA:YXI) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 6,315 shares, a drop of 55.2% from the December 15th total of 14,101 shares. Based on an average trading volume of 52,593 shares, the days-to-cover ratio is presently 0.1 days. Currently, 3.9% of the shares of the stock are short sold. Currently, 3.9% of the shares of the stock are short sold. Based on an average trading volume of 52,593 shares, the days-to-cover ratio is presently 0.1 days.

ProShares Short FTSE China 50 Stock Performance

Shares of NYSEARCA:YXI traded up $0.17 on Wednesday, reaching $19.49. 13,069 shares of the company were exchanged, compared to its average volume of 49,752. ProShares Short FTSE China 50 has a 1-year low of $18.85 and a 1-year high of $28.16. The company has a 50-day moving average of $18.06 and a 200-day moving average of $12.94.

About ProShares Short FTSE China 50

ProShares Short FTSE China 50 (the Fund) is an exchange-traded fund. The Fund seeks investment results for a single day. The return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse (-1x) of the return of the FTSE China 50 Index (the Index) for that period. The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.