Short Interest in ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Decreases By 54.5%

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 7,503 shares, a decrease of 54.5% from the July 30th total of 16,491 shares. Approximately 2.2% of the company’s stock are sold short. Based on an average daily volume of 5,369 shares, the days-to-cover ratio is presently 1.4 days.

ProShares Ultra MSCI Emerging Markets Stock Performance

ProShares Ultra MSCI Emerging Markets stock traded down $1.25 during mid-day trading on Friday, hitting $110.67. The company had a trading volume of 1,890 shares, compared to its average volume of 13,135. ProShares Ultra MSCI Emerging Markets has a 1 year low of $66.41 and a 1 year high of $129.02. The business has a fifty day moving average of $107.70 and a 200 day moving average of $103.89.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of EET. Global Assets Advisory LLC acquired a new stake in ProShares Ultra MSCI Emerging Markets during the 1st quarter worth $89,000. Legacy Wealth Partners LLC grew its holdings in shares of ProShares Ultra MSCI Emerging Markets by 91.3% during the first quarter. Legacy Wealth Partners LLC now owns 14,842 shares of the exchange traded fund’s stock worth $1,243,000 after purchasing an additional 7,084 shares during the last quarter. PMV Capital Advisers LLC grew its holdings in shares of ProShares Ultra MSCI Emerging Markets by 556.2% during the first quarter. PMV Capital Advisers LLC now owns 13,781 shares of the exchange traded fund’s stock worth $1,154,000 after purchasing an additional 11,681 shares during the last quarter. Jane Street Group LLC increased its position in shares of ProShares Ultra MSCI Emerging Markets by 94.1% during the fourth quarter. Jane Street Group LLC now owns 5,975 shares of the exchange traded fund’s stock worth $482,000 after purchasing an additional 2,896 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of ProShares Ultra MSCI Emerging Markets by 54,900.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,100 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 1,098 shares in the last quarter.

About ProShares Ultra MSCI Emerging Markets

ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) 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 Index consists of 25 emerging market country indexes, including Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.