ProShares UltraShort FTSE Europe (NYSEARCA:EPV – Get Free Report) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 86,763 shares, an increase of 290.1% from the February 26th total of 22,241 shares. Approximately 16.4% of the shares of the company are short sold. Based on an average daily volume of 45,416 shares, the short-interest ratio is currently 1.9 days.
ProShares UltraShort FTSE Europe Trading Up 3.5%
Shares of EPV stock traded up $0.80 during mid-day trading on Thursday, reaching $23.34. The company’s stock had a trading volume of 70,631 shares, compared to its average volume of 37,383. The firm’s 50-day moving average is $20.56 and its two-hundred day moving average is $22.55. ProShares UltraShort FTSE Europe has a 1-year low of $18.67 and a 1-year high of $42.45.
ProShares UltraShort FTSE Europe Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Wednesday, March 25th.
Institutional Trading of ProShares UltraShort FTSE Europe
ProShares UltraShort FTSE Europe Company Profile
The ProShares UltraShort FTSE Europe (EPV) is an exchange-traded fund that is based on the FTSE All Cap Developed Europe index. The fund provides a daily leveraged inverse (-2x) exposure to a market-cap-weighted index of European developed markets equities. EPV was launched on Jun 18, 2009 and is managed by ProShares.
See Also
Receive News & Ratings for ProShares UltraShort FTSE Europe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort FTSE Europe and related companies with MarketBeat.com's FREE daily email newsletter.
