ProShares UltraShort Euro (NYSEARCA:EUO – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 21,790 shares, a growth of 67.0% from the September 15th total of 13,050 shares. Based on an average daily volume of 12,963 shares, the short-interest ratio is presently 1.7 days. Currently, 2.0% of the company’s shares are sold short.
ProShares UltraShort Euro Trading Down 1.0%
Shares of NYSEARCA EUO opened at $32.30 on Friday. ProShares UltraShort Euro has a 12 month low of $26.93 and a 12 month high of $32.83. The company has a 50-day simple moving average of $30.72 and a 200-day simple moving average of $30.12.
ProShares UltraShort Euro Company Profile
The ProShares UltraShort Euro (EUO) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides a -200% exposure to the daily performance of the EUR spot price against the US dollar as measured by Bloomberg. EUO was launched on Nov 25, 2008 and is managed by ProShares.
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