ProShares UltraShort Industrials (NYSEARCA:SIJ) Short Interest Up 9,400.0% in July

ProShares UltraShort Industrials (NYSEARCA:SIJ) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 9,500 shares, anincreaseof9,400.0% from the June 30th total of 100 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is currently 2.2 days. Based on an average trading volume of 4,300 shares, the short-interest ratio is currently 2.2 days.

ProShares UltraShort Industrials Stock Up 2.6%

Shares of SIJ stock opened at $12.34 on Friday. ProShares UltraShort Industrials has a 1 year low of $11.51 and a 1 year high of $23.72. The firm’s fifty day simple moving average is $12.84 and its 200 day simple moving average is $15.03.

About ProShares UltraShort Industrials

ProShares UltraShort Industrials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.