Short Interest in ProShares Short FTSE China 50 (NYSEARCA:YXI) Grows By 109.9%

ProShares Short FTSE China 50 (NYSEARCA:YXIGet Free Report) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 13,258 shares, a growth of 109.9% from the December 31st total of 6,315 shares. Approximately 8.3% of the shares of the stock are sold short. Based on an average daily volume of 48,532 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 48,532 shares, the short-interest ratio is presently 0.3 days. Approximately 8.3% of the shares of the stock are sold short.

ProShares Short FTSE China 50 Stock Up 2.8%

NYSEARCA:YXI opened at $19.69 on Friday. ProShares Short FTSE China 50 has a 52-week low of $18.85 and a 52-week high of $28.00. The stock has a fifty day simple moving average of $20.00 and a 200-day simple moving average of $13.68.

About ProShares Short FTSE China 50

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ProShares Short FTSE China 50 (the Fund) is an exchange-traded fund. The Fund seeks investment results for a single day. The return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse (-1x) of the return of the FTSE China 50 Index (the Index) for that period. The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.

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