ProShares Ultra High Yield (NYSEARCA:UJB) Short Interest Up 28.4% in December

ProShares Ultra High Yield (NYSEARCA:UJB) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 113 shares, an increase of 28.4% from the December 15th total of 88 shares. Based on an average daily volume of 14,394 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 14,394 shares, the days-to-cover ratio is currently 0.0 days.

ProShares Ultra High Yield Trading Down 0.0%

UJB stock traded down $0.01 during midday trading on Friday, hitting $79.65. 80 shares of the company traded hands, compared to its average volume of 7,780. ProShares Ultra High Yield has a twelve month low of $66.66 and a twelve month high of $79.72. The business has a 50 day simple moving average of $78.71 and a 200-day simple moving average of $77.99.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of UJB. Jane Street Group LLC grew its position in shares of ProShares Ultra High Yield by 28.5% in the first quarter. Jane Street Group LLC now owns 7,333 shares of the company’s stock valued at $533,000 after purchasing an additional 1,625 shares during the last quarter. Citadel Advisors LLC boosted its stake in ProShares Ultra High Yield by 20.1% during the 3rd quarter. Citadel Advisors LLC now owns 5,017 shares of the company’s stock valued at $392,000 after purchasing an additional 840 shares during the period. Finally, Susquehanna International Group LLP acquired a new stake in ProShares Ultra High Yield in the 3rd quarter valued at approximately $217,000.

About ProShares Ultra High Yield

The ProShares Ultra High Yield (UJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years. UJB was launched on Apr 13, 2011 and is managed by ProShares.