Short Interest in ProShares UltraShort Health Care (NYSEARCA:RXD) Declines By 74.2%

ProShares UltraShort Health Care (NYSEARCA:RXD) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 1,796 shares, a decline of 74.2% from the January 15th total of 6,962 shares. Based on an average daily volume of 7,737 shares, the short-interest ratio is presently 0.2 days. Approximately 1.6% of the shares of the stock are short sold. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily volume of 7,737 shares, the short-interest ratio is presently 0.2 days.

ProShares UltraShort Health Care Stock Up 0.3%

Shares of RXD opened at $8.98 on Friday. ProShares UltraShort Health Care has a 1 year low of $8.46 and a 1 year high of $13.64. The company has a 50 day simple moving average of $9.03 and a two-hundred day simple moving average of $10.33.

ProShares UltraShort Health Care Company Profile

ProShares UltraShort Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Health Care Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.