ProShares UltraShort MSCI EAFE (NYSEARCA:EFU) Short Interest Up 147.6% in June

ProShares UltraShort MSCI EAFE (NYSEARCA:EFU) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,036 shares, an increase of 147.6% from the May 31st total of 1,630 shares. Based on an average trading volume of 9,355 shares, the days-to-cover ratio is presently 0.4 days. Approximately 3.4% of the company’s stock are sold short.

ProShares UltraShort MSCI EAFE Stock Down 0.9%

ProShares UltraShort MSCI EAFE stock traded down $0.06 during midday trading on Monday, hitting $7.40. 7,776 shares of the company’s stock were exchanged, compared to its average volume of 13,783. The firm has a 50-day moving average of $7.65 and a two-hundred day moving average of $8.19. ProShares UltraShort MSCI EAFE has a 12 month low of $7.16 and a 12 month high of $11.45.

ProShares UltraShort MSCI EAFE Company Profile

ProShares UltraShort MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. 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 MSCI EAFE Index.