ProShares Ultra FTSE Europe (NYSEARCA:UPV) Sees Significant Decrease in Short Interest

ProShares Ultra FTSE Europe (NYSEARCA:UPV) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 3,605 shares, a decline of 33.8% from the December 31st total of 5,449 shares. Based on an average daily volume of 1,520 shares, the days-to-cover ratio is currently 2.4 days. Approximately 3.0% of the shares of the stock are sold short. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily volume of 1,520 shares, the days-to-cover ratio is currently 2.4 days.

Institutional Investors Weigh In On ProShares Ultra FTSE Europe

An institutional investor recently bought a new position in ProShares Ultra FTSE Europe stock. Jane Street Group LLC acquired a new stake in ProShares Ultra FTSE Europe (NYSEARCA:UPV) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned approximately 2.72% of ProShares Ultra FTSE Europe as of its most recent SEC filing.

ProShares Ultra FTSE Europe Stock Performance

Shares of UPV traded up $1.58 during mid-day trading on Monday, reaching $99.43. The stock had a trading volume of 6,843 shares, compared to its average volume of 1,645. The business has a fifty day moving average of $91.19 and a 200 day moving average of $85.07. ProShares Ultra FTSE Europe has a 12 month low of $51.37 and a 12 month high of $101.41.

ProShares Ultra FTSE Europe Company Profile

ProShares Ultra MSCI Europe seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Europe Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into large and mid-cap segments, and targets approximately 85% of free float-adjusted market capitalization of the region.