ProShares Ultra MSCI EAFE (NYSEARCA:EFO – Get Free Report) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 4,361 shares, a decrease of 59.6% from the May 14th total of 10,782 shares. Based on an average daily volume of 7,145 shares, the short-interest ratio is presently 0.6 days. Currently, 1.0% of the company’s stock are short sold.
Institutional Trading of ProShares Ultra MSCI EAFE
A number of institutional investors have recently added to or reduced their stakes in EFO. Osaic Holdings Inc. bought a new position in shares of ProShares Ultra MSCI EAFE during the 2nd quarter valued at $55,000. Cassaday & Co Wealth Management LLC acquired a new position in ProShares Ultra MSCI EAFE in the first quarter worth about $75,000. Innova Wealth Partners bought a new stake in ProShares Ultra MSCI EAFE during the first quarter worth about $236,000. Jane Street Group LLC bought a new position in shares of ProShares Ultra MSCI EAFE in the second quarter worth about $256,000. Finally, Susquehanna International Group LLP bought a new stake in ProShares Ultra MSCI EAFE during the 3rd quarter worth about $515,000.
ProShares Ultra MSCI EAFE Trading Down 0.3%
Shares of ProShares Ultra MSCI EAFE stock opened at $72.15 on Friday. The stock has a 50-day simple moving average of $70.29 and a 200-day simple moving average of $67.98. ProShares Ultra MSCI EAFE has a 52-week low of $51.90 and a 52-week high of $76.50.
About ProShares Ultra MSCI EAFE
ProShares Ultra MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. The MSCI EAFE Index consists of 21 developed market country indexes, including Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.
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