ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) Sees Significant Decrease in Short Interest

Posted by Defense World Staff on Mar 29th, 2026

ProShares UltraPro MidCap 400 (NYSEARCA:UMDD – Get Free Report) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 12,050 shares, a decline of 22.1% from the February 26th total of 15,459 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 17,676 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares UltraPro MidCap 400 stock. Millington Financial Advisors LLC acquired a new stake in ProShares UltraPro MidCap 400 (NYSEARCA:UMDD – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,182 shares of the company’s stock, valued at approximately $209,000. Millington Financial Advisors LLC owned approximately 0.76% of ProShares UltraPro MidCap 400 at the end of the most recent quarter.

ProShares UltraPro MidCap 400 Stock Down 5.1%

UMDD opened at $24.71 on Friday. ProShares UltraPro MidCap 400 has a 12-month low of $12.81 and a 12-month high of $33.12. The business has a 50 day moving average of $29.35 and a 200-day moving average of $27.04. The stock has a market cap of $26.69 million, a price-to-earnings ratio of 13.00 and a beta of 3.25.

ProShares UltraPro MidCap 400 Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be paid a dividend of $0.0398 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, March 25th.

About ProShares UltraPro MidCap 400

(Get Free Report)

ProShares UltraPro MidCap400 (the Fund), seeks daily investment results, which correspond to triple (300%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float. The investment adviser of the Fund is ProShare Advisors LLC .