Short Interest in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Rises By 106.5%

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 1,579,748 shares, a growth of 106.5% from the December 31st total of 765,045 shares. Currently, 8.6% of the company’s shares are sold short. Based on an average daily volume of 4,025,548 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 4,025,548 shares, the days-to-cover ratio is presently 0.4 days. Currently, 8.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UCO. Flow Traders U.S. LLC boosted its position in ProShares Ultra Bloomberg Crude Oil by 202.7% in the 2nd quarter. Flow Traders U.S. LLC now owns 32,267 shares of the exchange traded fund’s stock valued at $723,000 after buying an additional 21,609 shares during the last quarter. Spire Wealth Management grew its stake in ProShares Ultra Bloomberg Crude Oil by 180.5% during the 4th quarter. Spire Wealth Management now owns 18,802 shares of the exchange traded fund’s stock valued at $363,000 after purchasing an additional 12,100 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in ProShares Ultra Bloomberg Crude Oil during the 3rd quarter worth approximately $191,000. Connective Capital Management LLC purchased a new stake in ProShares Ultra Bloomberg Crude Oil during the 3rd quarter worth approximately $159,000. Finally, Two Sigma Securities LLC raised its position in shares of ProShares Ultra Bloomberg Crude Oil by 25.8% in the 2nd quarter. Two Sigma Securities LLC now owns 13,583 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 2,785 shares in the last quarter.

ProShares Ultra Bloomberg Crude Oil Trading Up 0.7%

Shares of ProShares Ultra Bloomberg Crude Oil stock opened at $24.10 on Friday. The business’s fifty day moving average price is $20.25 and its 200 day moving average price is $21.66. ProShares Ultra Bloomberg Crude Oil has a twelve month low of $17.78 and a twelve month high of $29.20.

Key ProShares Ultra Bloomberg Crude Oil News

Here are the key news stories impacting ProShares Ultra Bloomberg Crude Oil this week:

• Positive Sentiment: Heightened U.S.-Iran tensions and market concern about a possible U.S. strike have added a risk premium to crude, sending prices up and supporting leveraged long funds like UCO. OPEC+ set to keep oil production pause for March as prices jump, sources say
• Positive Sentiment: Technical momentum and breakout signals in crude markets have encouraged speculative buying; analysts note charts are set up for upside if geopolitical supply risk materializes. Oil News: Will Supply Shock Spike Crude Oil Above $66.49 Resistance?
• Neutral Sentiment: Big oil executives’ comments keep attention on Venezuela: Chevron says reforms are improving investment prospects, while Exxon maintains political transition is needed — news that shapes medium‑term supply expectations but is not an immediate price shock. Chevron CEO says Venezuela taking positive steps to protect private oil investment
• Neutral Sentiment: ExxonMobil’s better‑than‑expected quarterly results (helped by lower‑cost production) bolster sentiment around majors but aren’t a direct driver of front‑month crude movements that UCO tracks. Exxon beats Wall Street targets for Q4 profit with help from lower-cost oil production
• Negative Sentiment: The U.S. has moved to ease some Venezuela sanctions and is pitching Venezuelan crude to India as Russia flows slow — measures that could accelerate Venezuelan exports and add supply that weighs on prices. US pitches Venezuelan crude to India as its Russian oil imports slow, sources say
• Negative Sentiment: U.S. easing of sanctions plus Venezuela’s newly approved oil‑law reforms could unlock more output over time, increasing medium‑term supply pressure on prices. US eases sanctions on Venezuelan oil industry
• Negative Sentiment: Refinery restarts and capacity moves (China’s CNPC restarting Dalian unit to process discounted Russian crude; talks to revive Trinidad & Tobago’s refinery) increase throughput and could help absorb crude surplus, limiting upside. China’s CNPC set to restart Dalian refinery to process Russian oil
• Negative Sentiment: A Reuters poll shows expectations that oversupply will keep oil around ~$60/bbl this year, a bearish baseline that could cap gains after headline-driven spikes. Oil forceast to hover near $60/bbl, as oversupply outweighs geopolitical risks

ProShares Ultra Bloomberg Crude Oil Company Profile

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.