ProShares Ultra MSCI EAFE (NYSEARCA:EFO) Short Interest Update

ProShares Ultra MSCI EAFE (NYSEARCA:EFO) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 2,559 shares, a decrease of 40.7% from the August 31st total of 4,318 shares. Based on an average daily trading volume, of 6,967 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.7% of the company’s shares are short sold.

Institutional Trading of ProShares Ultra MSCI EAFE

Several hedge funds have recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC acquired a new position in shares of ProShares Ultra MSCI EAFE in the first quarter valued at approximately $75,000. Innova Wealth Partners acquired a new stake in shares of ProShares Ultra MSCI EAFE during the first quarter worth $236,000. Finally, PMV Capital Advisers LLC lifted its position in ProShares Ultra MSCI EAFE by 215.9% in the 1st quarter. PMV Capital Advisers LLC now owns 25,372 shares of the company’s stock valued at $1,614,000 after acquiring an additional 17,341 shares in the last quarter.

ProShares Ultra MSCI EAFE Stock Up 1.5%

NYSEARCA:EFO traded up $1.03 during trading hours on Friday, hitting $70.94. The stock had a trading volume of 2,944 shares, compared to its average volume of 7,708. The business’s 50 day moving average is $75.93 and its 200-day moving average is $72.13. ProShares Ultra MSCI EAFE has a one year low of $56.39 and a one year high of $80.05.

ProShares Ultra MSCI EAFE Company Profile

ProShares Ultra MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in developed market countries, excluding the United States and Canada. The MSCI EAFE Index consists of 21 developed market country indexes, including Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.