ProShares Ultra High Yield (NYSEARCA:UJB) Short Interest Down 93.4% in July

ProShares Ultra High Yield (NYSEARCA:UJB) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 194 shares, a decrease of 93.4% from the July 15th total of 2,933 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 30,338 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On ProShares Ultra High Yield

Institutional investors have recently bought and sold shares of the business. CWM LLC increased its position in shares of ProShares Ultra High Yield by 244.8% in the fourth quarter. CWM LLC now owns 331 shares of the company’s stock worth $26,000 after acquiring an additional 235 shares in the last quarter. Citadel Advisors LLC lifted its holdings in shares of ProShares Ultra High Yield by 20.1% during the 3rd quarter. Citadel Advisors LLC now owns 5,017 shares of the company’s stock valued at $392,000 after acquiring an additional 840 shares in the last quarter. Jane Street Group LLC boosted its position in ProShares Ultra High Yield by 28.5% during the 1st quarter. Jane Street Group LLC now owns 7,333 shares of the company’s stock worth $533,000 after purchasing an additional 1,625 shares during the period. Finally, Susquehanna International Group LLP purchased a new stake in ProShares Ultra High Yield during the 3rd quarter worth $217,000.

ProShares Ultra High Yield Stock Performance

Shares of ProShares Ultra High Yield stock traded down $0.06 during trading hours on Tuesday, reaching $78.65. The stock had a trading volume of 26 shares, compared to its average volume of 16,287. The firm has a 50 day simple moving average of $78.47 and a two-hundred day simple moving average of $78.52. ProShares Ultra High Yield has a 1 year low of $74.75 and a 1 year high of $80.09.

ProShares Ultra High Yield Company Profile

The ProShares Ultra High Yield (UJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years. UJB was launched on Apr 13, 2011 and is managed by ProShares.