ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) Stock Short Interest Climbs 107.1%

ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 58 shares, an increase of 107.1% from the August 31st total of 28 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 181 shares, the days-to-cover ratio is currently 0.3 days.

ProShares MSCI Europe Dividend Growers ETF Price Performance

Shares of EUDV stock traded down $0.34 during trading hours on Tuesday, reaching $52.12. 34 shares of the company traded hands, compared to its average volume of 395. The firm has a 50-day moving average price of $54.11 and a 200 day moving average price of $53.29. The company has a market cap of $9.12 million, a P/E ratio of 23.46 and a beta of 0.88. ProShares MSCI Europe Dividend Growers ETF has a 12-month low of $49.48 and a 12-month high of $56.11.

Hedge Funds Weigh In On ProShares MSCI Europe Dividend Growers ETF

A hedge fund recently bought a new position in ProShares MSCI Europe Dividend Growers ETF stock. Arete Wealth Advisors LLC acquired a new stake in shares of ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 214,198 shares of the company’s stock, valued at approximately $10,983,000. Arete Wealth Advisors LLC owned 122.40% of ProShares MSCI Europe Dividend Growers ETF at the end of the most recent reporting period.

ProShares MSCI Europe Dividend Growers ETF Company Profile

The ProShares MSCI Europe Dividend Growers ETF (EUDV) is an exchange-traded fund that is based on the MSCI Europe Dividend Masters index. The fund tracks an index of developed European companies with a history of stable dividend growth. EUDV was launched on Sep 10, 2015 and is managed by ProShares.