ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 13,972 shares, an increase of 471.5% from the April 30th total of 2,445 shares. Based on an average daily volume of 13,167 shares, the days-to-cover ratio is currently 1.1 days. Currently, 3.0% of the shares of the company are short sold.
ProShares Ultra MSCI Emerging Markets Stock Up 0.1%
EET stock traded up $0.16 on Thursday, hitting $119.11. The company’s stock had a trading volume of 23,555 shares, compared to its average volume of 14,686. The firm has a 50 day moving average of $99.27 and a two-hundred day moving average of $91.42. ProShares Ultra MSCI Emerging Markets has a 1 year low of $56.00 and a 1 year high of $122.66.
Institutional Trading of ProShares Ultra MSCI Emerging Markets
Institutional investors and hedge funds have recently bought and sold shares of the business. Tempus Wealth Planning LLC purchased a new stake in ProShares Ultra MSCI Emerging Markets in the 3rd quarter valued at $709,000. Jane Street Group LLC increased its stake in ProShares Ultra MSCI Emerging Markets by 94.1% in the 4th quarter. Jane Street Group LLC now owns 5,975 shares of the exchange traded fund’s stock valued at $482,000 after buying an additional 2,896 shares during the period. Global Assets Advisory LLC acquired a new position in ProShares Ultra MSCI Emerging Markets in the 1st quarter valued at $89,000. Legacy Wealth Partners LLC increased its stake in ProShares Ultra MSCI Emerging Markets by 91.3% in the 1st quarter. Legacy Wealth Partners LLC now owns 14,842 shares of the exchange traded fund’s stock valued at $1,243,000 after buying an additional 7,084 shares during the period. Finally, PMV Capital Advisers LLC increased its stake in ProShares Ultra MSCI Emerging Markets by 556.2% in the 1st quarter. PMV Capital Advisers LLC now owns 13,781 shares of the exchange traded fund’s stock valued at $1,154,000 after buying an additional 11,681 shares during the period.
ProShares Ultra MSCI Emerging Markets Company Profile
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.
Further Reading
- Five stocks we like better than ProShares Ultra MSCI Emerging Markets
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Receive News & Ratings for ProShares Ultra MSCI Emerging Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra MSCI Emerging Markets and related companies with MarketBeat.com's FREE daily email newsletter.
