ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) Short Interest Update

ProShares UltraPro MidCap 400 (NYSEARCA:UMDD – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 3,158 shares, a growth of 73.7% from the August 31st total of 1,818 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 2,899 shares, the short-interest ratio is presently 1.1 days.

ProShares UltraPro MidCap 400 Stock Performance

ProShares UltraPro MidCap 400 stock traded up $0.80 during trading hours on Thursday, hitting $30.63. The company had a trading volume of 4,421 shares, compared to its average volume of 8,784. The firm has a market cap of $26.95 million, a P/E ratio of 13.00 and a beta of 3.07. The company has a 50-day moving average price of $34.50 and a two-hundred day moving average price of $33.12. ProShares UltraPro MidCap 400 has a 1 year low of $21.52 and a 1 year high of $39.16.

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About ProShares UltraPro MidCap 400

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ProShares UltraPro MidCap400 (the Fund), seeks daily investment results, which correspond to triple (300%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float. The investment adviser of the Fund is ProShare Advisors LLC .

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