ProShares UltraPro MidCap 400 (NYSEARCA:UMDD – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 1,218 shares, a drop of 69.7% from the July 15th total of 4,021 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 8,992 shares, the short-interest ratio is presently 0.1 days.
ProShares UltraPro MidCap 400 Price Performance
NYSEARCA UMDD traded up $0.28 on Friday, hitting $39.16. The stock had a trading volume of 4,658 shares, compared to its average volume of 9,756. The business’s fifty day moving average price is $35.87 and its 200 day moving average price is $32.38. ProShares UltraPro MidCap 400 has a 52-week low of $21.52 and a 52-week high of $39.16. The stock has a market cap of $36.03 million, a price-to-earnings ratio of 13.00 and a beta of 3.04.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in ProShares UltraPro MidCap 400 stock. Millington Financial Advisors LLC bought a new stake in ProShares UltraPro MidCap 400 (NYSEARCA:UMDD – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,182 shares of the company’s stock, valued at approximately $209,000. Millington Financial Advisors LLC owned 0.76% of ProShares UltraPro MidCap 400 at the end of the most recent reporting period.
ProShares UltraPro MidCap 400 Company Profile
ProShares UltraPro MidCap400 (the Fund), seeks daily investment results, which correspond to triple (300%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float. The investment adviser of the Fund is ProShare Advisors LLC .
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