Short Interest in ProShares UltraShort MSCI Japan (NYSEARCA:EWV) Expands By 139.1%

ProShares UltraShort MSCI Japan (NYSEARCA:EWV) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 5,500 shares, a growth of 139.1% from the May 15th total of 2,300 shares. Currently, 3.4% of the company’s stock are sold short. Based on an average daily volume of 7,000 shares, the days-to-cover ratio is presently 0.8 days.

ProShares UltraShort MSCI Japan Trading Up 1.9%

NYSEARCA:EWV traded up $0.63 during mid-day trading on Friday, hitting $34.03. The company had a trading volume of 1,576 shares, compared to its average volume of 8,287. The business has a fifty day simple moving average of $36.40 and a 200-day simple moving average of $39.28. ProShares UltraShort MSCI Japan has a 1 year low of $32.60 and a 1 year high of $53.60.

Institutional Trading of ProShares UltraShort MSCI Japan

A hedge fund recently bought a new stake in ProShares UltraShort MSCI Japan stock. Csenge Advisory Group bought a new stake in shares of ProShares UltraShort MSCI Japan (NYSEARCA:EWV) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,607 shares of the company’s stock, valued at approximately $379,000. Csenge Advisory Group owned approximately 8.74% of ProShares UltraShort MSCI Japan at the end of the most recent reporting period.

About ProShares UltraShort MSCI Japan

ProShares UltraShort MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Japan 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 Japan.