ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Stock Short Interest Rises 535.4%

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 122,689 shares, a growth of 535.4% from the October 15th total of 19,308 shares. Currently, 12.1% of the shares of the company are short sold. Based on an average daily trading volume, of 59,095 shares, the days-to-cover ratio is presently 2.1 days.

ProShares Short MSCI Emerging Markets Stock Performance

Shares of ProShares Short MSCI Emerging Markets stock opened at $17.29 on Wednesday. ProShares Short MSCI Emerging Markets has a one year low of $15.01 and a one year high of $21.33. The firm has a fifty day moving average of $16.17 and a two-hundred day moving average of $16.87.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets Index 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 global emerging markets countries. 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 Emerging Markets Index.