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

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 256,378 shares, an increase of 2,522.0% from the July 15th total of 9,778 shares. Based on an average daily trading volume, of 90,290 shares, the days-to-cover ratio is currently 2.8 days. Currently, 38.3% of the company’s shares are short sold.

Institutional Trading of ProShares Short MSCI Emerging Markets

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

ProShares Short MSCI Emerging Markets Trading Down 0.3%

EUM traded down $0.05 during trading on Tuesday, hitting $16.14. 46,573 shares of the stock traded hands, compared to its average volume of 120,651. The firm has a 50-day moving average of $16.09 and a 200 day moving average of $17.24. ProShares Short MSCI Emerging Markets has a 12-month low of $15.01 and a 12-month high of $22.98.

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.