ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Stock Short Interest Jumps 146.2%

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 6,186 shares, an increase of 146.2% from the October 15th total of 2,513 shares. Currently, 2.9% of the company’s stock are short sold. Based on an average trading volume of 14,818 shares, the short-interest ratio is presently 0.4 days.

ProShares UltraShort MSCI Emerging Markets Stock Up 1.6%

Shares of ProShares UltraShort MSCI Emerging Markets stock traded up $0.20 during trading hours on Friday, reaching $12.69. 1,179 shares of the company were exchanged, compared to its average volume of 43,489. ProShares UltraShort MSCI Emerging Markets has a 1 year low of $9.98 and a 1 year high of $21.24. The stock’s fifty day moving average is $11.31 and its 200 day moving average is $12.74.

About ProShares UltraShort MSCI Emerging Markets

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index (the Index). The 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 -200% of the daily return of the Index.