ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Sees Significant Increase in Short Interest

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 18,401 shares, an increase of 102.8% from the January 15th total of 9,075 shares. Approximately 11.5% of the company’s shares are short sold. Based on an average trading volume of 16,584 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 16,584 shares, the short-interest ratio is currently 1.1 days. Approximately 11.5% of the company’s shares are short sold.

Institutional Trading of ProShares UltraShort MSCI Emerging Markets

An institutional investor recently raised its position in ProShares UltraShort MSCI Emerging Markets stock. Verity Asset Management Inc. lifted its stake in shares of ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) by 15.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,526 shares of the company’s stock after acquiring an additional 1,705 shares during the quarter. Verity Asset Management Inc. owned about 3.49% of ProShares UltraShort MSCI Emerging Markets worth $156,000 at the end of the most recent reporting period.

ProShares UltraShort MSCI Emerging Markets Price Performance

EEV stock opened at $15.04 on Friday. ProShares UltraShort MSCI Emerging Markets has a 12-month low of $14.70 and a 12-month high of $41.12. The stock has a 50-day moving average price of $17.49 and a two-hundred day moving average price of $19.89.

ProShares UltraShort MSCI Emerging Markets Company Profile

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index (the Index). The 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 global emerging markets countries. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.