Short Interest in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Decreases By 67.0%

ProShares Ultra MSCI Japan (NYSEARCA:EZJ) saw a large decrease in short interest in March. As of March 31st, there was short interest totaling 2,199 shares, a decrease of 67.0% from the March 15th total of 6,656 shares. Based on an average trading volume of 8,324 shares, the short-interest ratio is presently 0.3 days. Approximately 1.0% of the shares of the stock are short sold.

ProShares Ultra MSCI Japan Trading Down 1.7%

Shares of NYSEARCA EZJ opened at $58.31 on Friday. ProShares Ultra MSCI Japan has a 12-month low of $32.76 and a 12-month high of $70.50. The stock has a market cap of $13.41 million, a PE ratio of 14.73 and a beta of 1.34. The company has a 50-day moving average of $59.66 and a 200 day moving average of $54.87.

ProShares Ultra MSCI Japan Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th were paid a $0.5174 dividend. This is a positive change from ProShares Ultra MSCI Japan’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $2.07 annualized dividend and a dividend yield of 3.5%.

Institutional Trading of ProShares Ultra MSCI Japan

A hedge fund recently bought a new stake in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC purchased a new stake in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned 2.80% of ProShares Ultra MSCI Japan at the end of the most recent reporting period.

About ProShares Ultra MSCI Japan

ProShares Ultra MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Japan Index. The MSCI Japan Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group, in Japan. The Fund invests in equity securities and derivatives. Its investment advisor is ProShare Advisors LLC.