ProShares Ultra MidCap 400 (NYSEARCA:MVV) Short Interest Update

ProShares Ultra MidCap 400 (NYSEARCA:MVV) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 10,272 shares, a growth of 21.1% from the December 15th total of 8,484 shares. Based on an average trading volume of 8,645 shares, the short-interest ratio is presently 1.2 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 8,645 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. acquired a new stake in shares of ProShares Ultra MidCap 400 in the 2nd quarter worth about $195,000. Traynor Capital Management Inc. acquired a new position in ProShares Ultra MidCap 400 during the 3rd quarter valued at about $208,000. Kingsview Wealth Management LLC bought a new stake in ProShares Ultra MidCap 400 during the 2nd quarter worth approximately $222,000. Finally, Integrated Advisors Network LLC bought a new stake in ProShares Ultra MidCap 400 during the 3rd quarter worth approximately $542,000.

ProShares Ultra MidCap 400 Stock Down 0.7%

Shares of NYSEARCA:MVV opened at $78.25 on Tuesday. ProShares Ultra MidCap 400 has a twelve month low of $42.64 and a twelve month high of $79.34. The stock’s 50 day moving average is $71.11 and its 200-day moving average is $68.99. The firm has a market capitalization of $148.68 million, a price-to-earnings ratio of 19.18 and a beta of 2.15.

ProShares Ultra MidCap 400 Company Profile

ProShares Ultra MidCap400 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is a measure of mid-size company United States stock market performance. It is a float-adjusted market capitalization weighted index of 400 United States operating companies and real estate investment trusts (REITs). Securities are selected for inclusion in the Index by the S&P U.S. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.