Short Interest in ProShares Ultra Semiconductors (NYSEARCA:USD) Decreases By 46.8%

ProShares Ultra Semiconductors (NYSEARCA:USD) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 144,580 shares, a decrease of 46.8% from the January 15th total of 271,662 shares. Based on an average trading volume of 778,415 shares, the short-interest ratio is currently 0.2 days. Approximately 0.5% of the shares of the stock are sold short. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 778,415 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of ProShares Ultra Semiconductors

A number of institutional investors have recently added to or reduced their stakes in the stock. Guerra Advisors Inc acquired a new position in ProShares Ultra Semiconductors during the third quarter worth about $26,000. Federation des caisses Desjardins du Quebec purchased a new stake in shares of ProShares Ultra Semiconductors during the 4th quarter worth approximately $32,000. BOKF NA boosted its stake in shares of ProShares Ultra Semiconductors by 100.0% during the 4th quarter. BOKF NA now owns 720 shares of the company’s stock worth $38,000 after acquiring an additional 360 shares in the last quarter. Whittier Trust Co. grew its holdings in shares of ProShares Ultra Semiconductors by 100.0% in the 4th quarter. Whittier Trust Co. now owns 960 shares of the company’s stock worth $54,000 after acquiring an additional 480 shares during the period. Finally, Franklin Resources Inc. purchased a new position in ProShares Ultra Semiconductors in the 2nd quarter valued at approximately $61,000.

ProShares Ultra Semiconductors Stock Performance

ProShares Ultra Semiconductors stock traded down $1.25 during midday trading on Friday, reaching $55.27. The company’s stock had a trading volume of 702,125 shares, compared to its average volume of 857,107. The firm has a market capitalization of $1.75 billion, a PE ratio of 40.05 and a beta of 3.25. ProShares Ultra Semiconductors has a fifty-two week low of $12.56 and a fifty-two week high of $64.89. The stock’s 50 day simple moving average is $54.74 and its 200 day simple moving average is $51.08.

About ProShares Ultra Semiconductors

ProShares Ultra Semiconductors (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. It also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.