ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Short Interest Up 1,464.3% in April

ProShares Ultra MSCI Japan (NYSEARCA:EZJ) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 34,398 shares, an increase of 1,464.3% from the March 31st total of 2,199 shares. Approximately 13.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,195 shares, the short-interest ratio is presently 3.7 days.

Hedge Funds Weigh In On ProShares Ultra MSCI Japan

A hedge fund recently bought a new stake in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC bought a new position in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned about 2.80% of ProShares Ultra MSCI Japan at the end of the most recent quarter.

ProShares Ultra MSCI Japan Stock Up 0.5%

NYSEARCA:EZJ opened at $57.63 on Friday. The firm has a market cap of $13.25 million, a PE ratio of 14.73 and a beta of 1.34. ProShares Ultra MSCI Japan has a 12 month low of $38.55 and a 12 month high of $70.50. The company’s 50-day moving average price is $58.72 and its two-hundred day moving average price is $55.57.

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.