Short Interest in ProShares Ultra FTSE Europe (NYSEARCA:UPV) Expands By 26.8%

ProShares Ultra FTSE Europe (NYSEARCA:UPV) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 4,002 shares, a growth of 26.8% from the February 12th total of 3,157 shares. Based on an average trading volume of 2,325 shares, the days-to-cover ratio is presently 1.7 days. Approximately 3.3% of the shares of the company are sold short. Approximately 3.3% of the shares of the company are sold short. Based on an average trading volume of 2,325 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Investors Weigh In On ProShares Ultra FTSE Europe

An institutional investor recently bought a new position in ProShares Ultra FTSE Europe stock. Jane Street Group LLC purchased a new position in shares of ProShares Ultra FTSE Europe (NYSEARCA:UPV) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,130 shares of the company’s stock, valued at approximately $206,000. Jane Street Group LLC owned 2.72% of ProShares Ultra FTSE Europe as of its most recent filing with the Securities & Exchange Commission.

ProShares Ultra FTSE Europe Stock Performance

UPV stock traded down $2.56 during trading hours on Friday, reaching $85.36. The stock had a trading volume of 3,159 shares, compared to its average volume of 2,011. The stock has a 50-day simple moving average of $97.05 and a 200 day simple moving average of $88.74. ProShares Ultra FTSE Europe has a fifty-two week low of $51.37 and a fifty-two week high of $104.40.

About ProShares Ultra FTSE Europe

ProShares Ultra MSCI Europe seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Europe Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into large and mid-cap segments, and targets approximately 85% of free float-adjusted market capitalization of the region.