ProShares Short MSCI EAFE (NYSEARCA:EFZ) Stock Short Interest Declines 42.3%

ProShares Short MSCI EAFE (NYSEARCA:EFZ) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 397 shares, a drop of 42.3% from the September 30th total of 688 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 12,907 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of ProShares Short MSCI EAFE

Several institutional investors have recently modified their holdings of the stock. Hamilton Wealth LLC purchased a new stake in ProShares Short MSCI EAFE in the 1st quarter valued at $314,000. Citadel Advisors LLC purchased a new position in ProShares Short MSCI EAFE during the 2nd quarter valued at about $214,000. Finally, Susquehanna International Group LLP lifted its holdings in ProShares Short MSCI EAFE by 40.3% during the 2nd quarter. Susquehanna International Group LLP now owns 28,599 shares of the company’s stock worth $657,000 after buying an additional 8,218 shares in the last quarter.

ProShares Short MSCI EAFE Trading Up 1.0%

NYSEARCA EFZ traded up $0.23 during trading on Friday, reaching $23.23. 45,256 shares of the company’s stock traded hands, compared to its average volume of 27,237. The company’s 50 day simple moving average is $22.82 and its two-hundred day simple moving average is $23.49. ProShares Short MSCI EAFE has a 12-month low of $21.94 and a 12-month high of $27.28.

ProShares Short MSCI EAFE Company Profile

ProShares Short MSCI EAFE (the Fund) seeks daily investment results that correspond to the inverse (opposite) of 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 Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -100% of the daily return of the MSCI EAFE Index.