ProShares Ultra FTSE Europe (NYSEARCA:UPV) Short Interest Down 45.4% in July

ProShares Ultra FTSE Europe (NYSEARCA:UPV) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 1,262 shares, a decrease of 45.4% from the July 15th total of 2,310 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 574 shares, the short-interest ratio is currently 2.2 days.

ProShares Ultra FTSE Europe Stock Performance

Shares of NYSEARCA:UPV opened at $104.62 on Wednesday. The firm has a 50 day moving average of $100.43 and a 200-day moving average of $96.75. ProShares Ultra FTSE Europe has a 12 month low of $77.63 and a 12 month high of $107.44.

Institutional Investors Weigh In On ProShares Ultra FTSE Europe

An institutional investor recently bought a new stake in ProShares Ultra FTSE Europe stock. Jane Street Group LLC purchased a new stake in ProShares Ultra FTSE Europe (NYSEARCA:UPV) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned about 2.72% of ProShares Ultra FTSE Europe as of its most recent filing with the Securities and Exchange Commission.

About ProShares Ultra FTSE Europe

ProShares Ultra MSCI Europe seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Europe Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into large and mid-cap segments, and targets approximately 85% of free float-adjusted market capitalization of the region.