Short Interest in ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) Rises By 117.2%

ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 10,504 shares, a growth of 117.2% from the February 12th total of 4,837 shares. Currently, 8.8% of the company’s shares are short sold. Based on an average daily volume of 7,375 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily volume of 7,375 shares, the days-to-cover ratio is presently 1.4 days. Currently, 8.8% of the company’s shares are short sold.

ProShares Ultra MSCI Brazil Capped Stock Performance

ProShares Ultra MSCI Brazil Capped stock opened at $31.97 on Friday. ProShares Ultra MSCI Brazil Capped has a 1 year low of $14.00 and a 1 year high of $40.24. The company’s 50-day moving average is $34.55 and its two-hundred day moving average is $28.11.

About ProShares Ultra MSCI Brazil Capped

ProShares Ultra MSCI Brazil Capped, formerly ProShares Ultra MSCI Brazil, seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Brazil Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index is divided into large- and mid-cap segments. The Fund invests in common stock issued by public companies. The Fund may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and New York Shares (NYSs).