ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Short Interest Update

ProShares Ultra MSCI Japan (NYSEARCA:EZJ) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 8,031 shares, a growth of 165.8% from the December 31st total of 3,021 shares. Based on an average daily volume of 3,219 shares, the days-to-cover ratio is presently 2.5 days. Currently, 5.0% of the shares of the stock are sold short. Currently, 5.0% of the shares of the stock are sold short. Based on an average daily volume of 3,219 shares, the days-to-cover ratio is presently 2.5 days.

ProShares Ultra MSCI Japan Price Performance

Shares of ProShares Ultra MSCI Japan stock traded down $0.52 during trading hours on Friday, reaching $58.10. The company’s stock had a trading volume of 13,504 shares, compared to its average volume of 5,485. The firm has a 50 day moving average price of $53.82 and a 200-day moving average price of $50.25. ProShares Ultra MSCI Japan has a one year low of $28.50 and a one year high of $58.89. The stock has a market cap of $9.30 million, a P/E ratio of 14.73 and a beta of 1.37.

Hedge Funds Weigh In On ProShares Ultra MSCI Japan

An institutional investor recently bought a new position in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC acquired a new stake in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned approximately 2.80% of ProShares Ultra MSCI Japan at the end of the most recent reporting period.

About ProShares Ultra MSCI Japan

ProShares Ultra MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Japan Index. The MSCI Japan 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 Japan. The Fund invests in equity securities and derivatives. Its investment advisor is ProShare Advisors LLC.