ProShares UltraShort Euro (NYSEARCA:EUO – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 327,210 shares, an increase of 1,401.7% from the September 30th total of 21,790 shares. Currently, 23.4% of the company’s shares are short sold. Based on an average trading volume of 57,725 shares, the days-to-cover ratio is currently 5.7 days.
ProShares UltraShort Euro Trading Up 0.5%
Shares of NYSEARCA:EUO traded up $0.17 on Monday, hitting $32.55. The company had a trading volume of 12,147 shares, compared to its average volume of 33,782. ProShares UltraShort Euro has a 1 year low of $26.93 and a 1 year high of $32.83. The firm’s 50-day simple moving average is $31.02 and its two-hundred day simple moving average is $29.81.
ProShares UltraShort Euro Company Profile
The ProShares UltraShort Euro (EUO) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides a -200% exposure to the daily performance of the EUR spot price against the US dollar as measured by Bloomberg. EUO was launched on Nov 25, 2008 and is managed by ProShares.
Further Reading
- Five stocks we like better than ProShares UltraShort Euro
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for ProShares UltraShort Euro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Euro and related companies with MarketBeat.com's FREE daily email newsletter.
