ProShares Ultra High Yield (NYSEARCA:UJB) Sees Large Growth in Short Interest

ProShares Ultra High Yield (NYSEARCA:UJB – Get Free Report) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 32 shares, an increase of 300.0% from the October 15th total of 8 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 4,350 shares, the days-to-cover ratio is currently 0.0 days.

ProShares Ultra High Yield Trading Down 0.2%

NYSEARCA:UJB traded down $0.14 during trading hours on Friday, reaching $74.23. The company had a trading volume of 144 shares, compared to its average volume of 13,662. ProShares Ultra High Yield has a twelve month low of $73.20 and a twelve month high of $80.09. The business’s 50-day simple moving average is $75.23 and its two-hundred day simple moving average is $77.71.

About ProShares Ultra High Yield

(Get Free Report)

The ProShares Ultra High Yield (UJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years. UJB was launched on Apr 13, 2011 and is managed by ProShares.

See Also

Receive News & Ratings for ProShares Ultra High Yield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra High Yield and related companies with MarketBeat.com's FREE daily email newsletter.