Short Interest in ProShares Ultra Euro (NYSEARCA:ULE) Rises By 31.1%

ProShares Ultra Euro (NYSEARCA:ULE) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 27,948 shares, a growth of 31.1% from the February 12th total of 21,313 shares. Based on an average trading volume of 7,599 shares, the short-interest ratio is presently 3.7 days. Currently, 5.6% of the company’s stock are sold short. Currently, 5.6% of the company’s stock are sold short. Based on an average trading volume of 7,599 shares, the short-interest ratio is presently 3.7 days.

ProShares Ultra Euro Stock Up 1.2%

Shares of NYSEARCA:ULE opened at $12.55 on Tuesday. The business’s 50 day moving average is $13.12 and its 200 day moving average is $13.05. ProShares Ultra Euro has a 12-month low of $11.17 and a 12-month high of $13.89.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Ultra Euro stock. Jane Street Group LLC acquired a new stake in ProShares Ultra Euro (NYSEARCA:ULE) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 18,281 shares of the company’s stock, valued at approximately $241,000. Jane Street Group LLC owned 3.66% of ProShares Ultra Euro as of its most recent filing with the SEC.

About ProShares Ultra Euro

The ProShares Ultra Euro (ULE) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides 2x the daily performance of the euro spot price against the US dollar. ULE was launched on Nov 25, 2008 and is managed by ProShares.