ProShares Ultra Industrials (NYSEARCA:UXI) Short Interest Update

ProShares Ultra Industrials (NYSEARCA:UXI) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 1,064 shares, a decrease of 43.2% from the July 15th total of 1,872 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 3,106 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of ProShares Ultra Industrials

An institutional investor recently raised its stake in ProShares Ultra Industrials stock. IMC Chicago LLC lifted its holdings in ProShares Ultra Industrials (NYSEARCA:UXI) by 68.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,987 shares of the company’s stock after buying an additional 19,898 shares during the quarter. IMC Chicago LLC owned 8.75% of ProShares Ultra Industrials worth $2,418,000 as of its most recent SEC filing.

ProShares Ultra Industrials Stock Performance

UXI traded up $0.08 during trading on Monday, reaching $63.79. The company’s stock had a trading volume of 13,670 shares, compared to its average volume of 6,127. ProShares Ultra Industrials has a 52-week low of $41.72 and a 52-week high of $64.95. The company’s fifty day moving average price is $60.65 and its 200-day moving average price is $56.98. The company has a market capitalization of $33.17 million, a price-to-earnings ratio of 24.50 and a beta of 2.03.

About ProShares Ultra Industrials

ProShares Ultra Industrials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones United States Industrials Index. The Dow Jones United States Industrials Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land-transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.