ProShares UltraShort Consumer Staples (NYSEARCA:SZK) Stock Short Interest Report for October

ProShares UltraShort Consumer Staples (NYSEARCA:SZK) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 3,060 shares, an increase of 1,812.5% from the September 30th total of 160 shares. Currently, 7.6% of the shares of the stock are sold short. Based on an average trading volume of 6,090 shares, the days-to-cover ratio is currently 0.5 days.

ProShares UltraShort Consumer Staples Stock Performance

Shares of ProShares UltraShort Consumer Staples stock traded up $0.39 on Tuesday, hitting $19.00. 200 shares of the company traded hands, compared to its average volume of 4,973. ProShares UltraShort Consumer Staples has a 12-month low of $17.97 and a 12-month high of $27.72. The firm’s 50-day simple moving average is $21.01 and its 200 day simple moving average is $21.61.

ProShares UltraShort Consumer Staples Company Profile

ProShares UltraShort Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.