ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Stock Short Interest Climbs 354.3%

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 7,037 shares, a growth of 354.3% from the September 15th total of 1,549 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 80,408 shares, the days-to-cover ratio is currently 0.1 days.

ProShares Short MSCI Emerging Markets Stock Down 0.9%

Shares of NYSEARCA EUM traded down $0.14 during trading hours on Friday, reaching $15.72. The stock had a trading volume of 9,630 shares, compared to its average volume of 114,634. The business’s fifty day moving average price is $15.76 and its two-hundred day moving average price is $16.42. ProShares Short MSCI Emerging Markets has a 52-week low of $15.01 and a 52-week high of $21.51.

Get ProShares Short MSCI Emerging Markets alerts:

About ProShares Short MSCI Emerging Markets

(Get Free Report)

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets 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 Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -100% of the daily return of the MSCI Emerging Markets Index.

See Also

• Five stocks we like better than ProShares Short MSCI Emerging Markets
• Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
• Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
• Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
• Why Wall Street Expects Even More From SanDisk After Its 575% Rally

Receive News & Ratings for ProShares Short MSCI Emerging Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short MSCI Emerging Markets and related companies with MarketBeat.com's FREE daily email newsletter.