ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Short Interest Update

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 13,972 shares, a growth of 471.5% from the April 30th total of 2,445 shares. Based on an average daily trading volume, of 13,167 shares, the short-interest ratio is presently 1.1 days. Approximately 3.0% of the shares of the company are sold short.

ProShares Ultra MSCI Emerging Markets Price Performance

Shares of NYSEARCA:EET traded up $0.55 on Friday, reaching $119.66. The company’s stock had a trading volume of 23,919 shares, compared to its average volume of 14,779. The stock’s 50-day moving average is $100.49 and its two-hundred day moving average is $91.90. ProShares Ultra MSCI Emerging Markets has a 52-week low of $56.00 and a 52-week high of $123.53.

Institutional Investors Weigh In On ProShares Ultra MSCI Emerging Markets

A number of institutional investors and hedge funds have recently made changes to their positions in EET. Jane Street Group LLC purchased a new stake in shares of ProShares Ultra MSCI Emerging Markets in the second quarter valued at about $428,000. Tempus Wealth Planning LLC purchased a new stake in shares of ProShares Ultra MSCI Emerging Markets in the third quarter valued at about $709,000. IMC Chicago LLC raised its holdings in shares of ProShares Ultra MSCI Emerging Markets by 24.0% in the fourth quarter. IMC Chicago LLC now owns 13,271 shares of the exchange traded fund’s stock valued at $1,070,000 after buying an additional 2,565 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of ProShares Ultra MSCI Emerging Markets by 54,900.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,100 shares of the exchange traded fund’s stock valued at $89,000 after buying an additional 1,098 shares during the last quarter. Finally, PMV Capital Advisers LLC raised its holdings in shares of ProShares Ultra MSCI Emerging Markets by 556.2% in the first quarter. PMV Capital Advisers LLC now owns 13,781 shares of the exchange traded fund’s stock valued at $1,154,000 after buying an additional 11,681 shares during the last quarter.

ProShares Ultra MSCI Emerging Markets Company Profile

ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Emerging Markets Index (the Index). The 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 Index consists of 25 emerging market country indexes, including Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.