ProShares Ultra Euro (NYSEARCA:ULE) Short Interest Update

ProShares Ultra Euro (NYSEARCA:ULE) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 2,584 shares, a decrease of 80.7% from the April 30th total of 13,396 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 10,134 shares, the short-interest ratio is currently 0.3 days.

ProShares Ultra Euro Stock Performance

Shares of ULE stock traded up $0.01 on Friday, reaching $12.88. 4,962 shares of the company’s stock traded hands, compared to its average volume of 10,554. ProShares Ultra Euro has a 12-month low of $12.40 and a 12-month high of $13.89. The business’s 50 day moving average price is $12.90 and its two-hundred day moving average price is $13.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Ultra Euro stock. Jane Street Group LLC bought a new stake in ProShares Ultra Euro (NYSEARCA:ULE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,281 shares of the company’s stock, valued at approximately $241,000. Jane Street Group LLC owned approximately 3.66% of ProShares Ultra Euro at the end of the most recent reporting period.

About ProShares Ultra Euro

The ProShares Ultra Euro (ULE) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides 2x the daily performance of the euro spot price against the US dollar. ULE was launched on Nov 25, 2008 and is managed by ProShares.