ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Short Interest Update

ProShares Ultra MSCI Japan (NYSEARCA:EZJ) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,606 shares, a drop of 43.1% from the May 14th total of 2,822 shares. Based on an average daily volume of 4,044 shares, the short-interest ratio is currently 0.4 days. Approximately 0.7% of the company’s shares are short sold.

ProShares Ultra MSCI Japan Stock Performance

ProShares Ultra MSCI Japan stock opened at $64.02 on Friday. The company has a 50 day moving average price of $61.30 and a 200 day moving average price of $58.31. ProShares Ultra MSCI Japan has a 52 week low of $39.50 and a 52 week high of $70.50. The firm has a market capitalization of $14.08 million, a price-to-earnings ratio of 14.73 and a beta of 1.36.

Hedge Funds Weigh In On ProShares Ultra MSCI Japan

A hedge fund recently bought a new stake in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC acquired a new position in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned 2.80% of ProShares Ultra MSCI Japan as of its most recent filing with the SEC.

About ProShares Ultra MSCI Japan

ProShares Ultra MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Japan Index. The MSCI Japan 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 Japan. The Fund invests in equity securities and derivatives. Its investment advisor is ProShare Advisors LLC.