ProShares Ultra Euro (NYSEARCA:ULE) Short Interest Update

ProShares Ultra Euro (NYSEARCA:ULE) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,817 shares, an increase of 76.6% from the June 15th total of 1,029 shares. Based on an average trading volume of 5,487 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.5% of the shares of the stock are short sold.

ProShares Ultra Euro Stock Down 0.4%

Shares of ULE opened at $12.39 on Friday. ProShares Ultra Euro has a 1 year low of $12.20 and a 1 year high of $13.89. The business’s 50 day simple moving average is $12.61 and its 200-day simple moving average is $12.88.

Institutional Investors Weigh In On ProShares Ultra Euro

A hedge fund recently bought a new position in ProShares Ultra Euro stock. Jane Street Group LLC acquired a new stake in shares of ProShares Ultra Euro (NYSEARCA:ULE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,281 shares of the company’s stock, valued at approximately $241,000. Jane Street Group LLC owned about 3.66% of ProShares Ultra Euro as of its most recent SEC filing.

ProShares Ultra Euro Company Profile

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.