ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Shares Shorted: Short Interest Down 96.3% in September

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,549 shares, a drop of 96.3% from the August 31st total of 41,638 shares. Based on an average daily trading volume, of 37,329 shares, the short-interest ratio is currently 0.0 days. Currently, 0.2% of the shares of the company are short sold.

ProShares Short MSCI Emerging Markets Stock Down 0.9%

EUM traded down $0.14 during trading hours on Friday, reaching $15.44. The company’s stock had a trading volume of 21,346 shares, compared to its average volume of 118,805. ProShares Short MSCI Emerging Markets has a 52 week low of $15.01 and a 52 week high of $21.51. The company’s 50-day moving average is $15.99 and its 200-day moving average is $16.67.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets 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 -100% of the daily return of the MSCI Emerging Markets Index.