ProShares Ultra MSCI EAFE (NYSEARCA:EFO) Short Interest Down 26.0% in December

ProShares Ultra MSCI EAFE (NYSEARCA:EFO) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 8,658 shares, a decrease of 26.0% from the December 15th total of 11,699 shares. Approximately 2.3% of the shares of the company are sold short. Based on an average daily trading volume, of 3,625 shares, the days-to-cover ratio is currently 2.4 days. Based on an average daily trading volume, of 3,625 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.3% of the shares of the company are sold short.

ProShares Ultra MSCI EAFE Stock Performance

ProShares Ultra MSCI EAFE stock traded up $0.14 during mid-day trading on Friday, hitting $68.14. The company’s stock had a trading volume of 5,934 shares, compared to its average volume of 8,785. The company has a 50 day moving average of $63.03 and a 200-day moving average of $60.01. ProShares Ultra MSCI EAFE has a one year low of $36.53 and a one year high of $69.00.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. acquired a new stake in shares of ProShares Ultra MSCI EAFE during the 2nd quarter valued at approximately $55,000. Elm3 Financial Group LLC purchased a new position in shares of ProShares Ultra MSCI EAFE during the second quarter valued at approximately $220,000. Jane Street Group LLC acquired a new stake in ProShares Ultra MSCI EAFE during the second quarter worth approximately $256,000. Susquehanna International Group LLP purchased a new stake in ProShares Ultra MSCI EAFE in the 3rd quarter worth approximately $515,000. Finally, PMV Capital Advisers LLC lifted its stake in shares of ProShares Ultra MSCI EAFE by 918.6% during the 2nd quarter. PMV Capital Advisers LLC now owns 12,346 shares of the company’s stock worth $696,000 after purchasing an additional 11,134 shares during the period.

About ProShares Ultra MSCI EAFE

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.