ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) Short Interest Down 22.1% in March

ProShares UltraPro MidCap 400 (NYSEARCA:UMDDGet Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 12,050 shares, a decrease of 22.1% from the February 26th total of 15,459 shares. Based on an average daily trading volume, of 17,676 shares, the short-interest ratio is currently 0.7 days. Approximately 1.1% of the shares of the stock are short sold.

ProShares UltraPro MidCap 400 Trading Up 8.4%

Shares of ProShares UltraPro MidCap 400 stock traded up $2.02 on Tuesday, reaching $26.05. The stock had a trading volume of 10,694 shares, compared to its average volume of 12,699. The business’s 50 day moving average is $29.23 and its two-hundred day moving average is $27.03. ProShares UltraPro MidCap 400 has a 1 year low of $12.81 and a 1 year high of $33.12. The company has a market cap of $28.14 million, a P/E ratio of 13.00 and a beta of 3.25.

ProShares UltraPro MidCap 400 Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be paid a $0.0398 dividend. The ex-dividend date is Wednesday, March 25th. This represents a $0.16 annualized dividend and a yield of 0.6%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares UltraPro MidCap 400 stock. Susquehanna International Group LLP purchased a new position in ProShares UltraPro MidCap 400 (NYSEARCA:UMDDFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,843 shares of the company’s stock, valued at approximately $531,000. Susquehanna International Group LLP owned 1.86% of ProShares UltraPro MidCap 400 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares UltraPro MidCap 400 Company Profile

(Get Free Report)

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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