ProShares Ultra High Yield (NYSEARCA:UJB) Stock Short Interest Declines 84.8%

ProShares Ultra High Yield (NYSEARCA:UJB – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 123 shares, a drop of 84.8% from the September 15th total of 810 shares. Based on an average daily volume of 17,114 shares, the short-interest ratio is currently 0.0 days. Currently, 0.2% of the shares of the company are sold short.

ProShares Ultra High Yield Trading Up 0.3%

UJB stock traded up $0.25 during mid-day trading on Monday, hitting $74.55. 65 shares of the stock were exchanged, compared to its average volume of 14,845. The business has a fifty day moving average price of $77.36 and a 200 day moving average price of $77.92. ProShares Ultra High Yield has a 12 month low of $73.20 and a 12 month high of $80.09.

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ProShares Ultra High Yield Company Profile

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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.

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