ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Short Interest Update

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 29,949 shares, a growth of 180.3% from the May 14th total of 10,685 shares. Currently, 5.9% of the shares of the stock are sold short. Based on an average trading volume of 79,161 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On ProShares Short MSCI Emerging Markets

An institutional investor recently raised its position in ProShares Short MSCI Emerging Markets stock. Jane Street Group LLC boosted its position in shares of ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) by 12.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,153 shares of the company’s stock after purchasing an additional 1,089 shares during the period. Jane Street Group LLC owned about 2.31% of ProShares Short MSCI Emerging Markets worth $234,000 at the end of the most recent quarter.

ProShares Short MSCI Emerging Markets Price Performance

Shares of NYSEARCA:EUM traded down $0.06 during midday trading on Friday, reaching $15.92. 167,367 shares of the company’s stock were exchanged, compared to its average volume of 119,424. The company’s 50 day simple moving average is $16.93 and its two-hundred day simple moving average is $18.45. ProShares Short MSCI Emerging Markets has a 12 month low of $15.33 and a 12 month high of $24.22.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets 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 -100% of the daily return of the MSCI Emerging Markets Index.