ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) Shares Shorted: Short Interest Down 66.1% in September

ProShares UltraPro MidCap 400 (NYSEARCA:UMDD – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,070 shares, a decrease of 66.1% from the September 15th total of 3,158 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,713 shares, the days-to-cover ratio is currently 0.3 days.

ProShares UltraPro MidCap 400 Stock Performance

NYSEARCA:UMDD traded up $0.10 during trading on Tuesday, reaching $31.18. The company’s stock had a trading volume of 5,311 shares, compared to its average volume of 8,616. ProShares UltraPro MidCap 400 has a 12 month low of $21.52 and a 12 month high of $39.16. The firm has a market cap of $27.44 million, a price-to-earnings ratio of 13.00 and a beta of 3.07. The firm has a 50 day moving average of $33.78 and a 200-day moving average of $33.45.

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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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