Short Interest in ProShares Ultra FTSE Europe (NYSEARCA:UPV) Rises By 44.9%

ProShares Ultra FTSE Europe (NYSEARCA:UPV) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 5,223 shares, a growth of 44.9% from the January 15th total of 3,605 shares. Based on an average trading volume of 1,338 shares, the days-to-cover ratio is currently 3.9 days. Approximately 4.4% of the shares of the company are short sold. Approximately 4.4% of the shares of the company are short sold. Based on an average trading volume of 1,338 shares, the days-to-cover ratio is currently 3.9 days.

ProShares Ultra FTSE Europe Stock Performance

ProShares Ultra FTSE Europe stock opened at $100.28 on Friday. The stock’s 50 day simple moving average is $93.91 and its two-hundred day simple moving average is $86.29. ProShares Ultra FTSE Europe has a 12 month low of $51.37 and a 12 month high of $102.46.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Ultra FTSE Europe stock. Jane Street Group LLC bought a new position in shares of ProShares Ultra FTSE Europe (NYSEARCA:UPV) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned approximately 2.72% of ProShares Ultra FTSE Europe as of its most recent SEC filing.

ProShares Ultra FTSE Europe Company Profile

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.