ProShares Ultra FTSE Europe (NYSEARCA:UPV) Short Interest Down 33.8% in January

ProShares Ultra FTSE Europe (NYSEARCA:UPV) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 3,605 shares, a decline of 33.8% from the December 31st total of 5,449 shares. Based on an average daily volume of 1,520 shares, the short-interest ratio is presently 2.4 days. Approximately 3.0% of the company’s stock are sold short. Approximately 3.0% of the company’s stock are sold short. Based on an average daily volume of 1,520 shares, the short-interest ratio is presently 2.4 days.

ProShares Ultra FTSE Europe Stock Performance

NYSEARCA UPV traded down $1.96 during mid-day trading on Friday, hitting $97.85. The company’s stock had a trading volume of 1,128 shares, compared to its average volume of 1,386. The company’s 50 day simple moving average is $90.80 and its 200 day simple moving average is $84.88. ProShares Ultra FTSE Europe has a twelve month low of $51.37 and a twelve month high of $101.41.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Ultra FTSE Europe stock. Jane Street Group LLC purchased a new position in shares of ProShares Ultra FTSE Europe (NYSEARCA:UPV) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned about 2.72% of ProShares Ultra FTSE Europe as of its most recent SEC filing.

About ProShares Ultra FTSE Europe

ProShares Ultra MSCI Europe seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Europe Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into large and mid-cap segments, and targets approximately 85% of free float-adjusted market capitalization of the region.