ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Short Interest Update

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 6,104 shares, a decline of 82.2% from the June 15th total of 34,263 shares. Based on an average daily volume of 71,623 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares Short MSCI Emerging Markets stock. Jane Street Group LLC boosted its position in ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) by 12.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,153 shares of the company’s stock after acquiring an additional 1,089 shares during the quarter. Jane Street Group LLC owned 2.31% of ProShares Short MSCI Emerging Markets worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

ProShares Short MSCI Emerging Markets Price Performance

Shares of NYSEARCA:EUM traded down $0.05 during trading on Friday, reaching $15.82. The company had a trading volume of 143,458 shares, compared to its average volume of 123,729. The company has a fifty day moving average of $16.02 and a two-hundred day moving average of $17.74. ProShares Short MSCI Emerging Markets has a 12 month low of $15.01 and a 12 month high of $23.27.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets 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 -100% of the daily return of the MSCI Emerging Markets Index.