ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Sees Significant Increase in Short Interest

ProShares Ultra MSCI Japan (NYSEARCA:EZJGet Free Report) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 6,340 shares, a growth of 367.6% from the August 15th total of 1,356 shares. Approximately 3.2% of the company’s shares are sold short. Based on an average daily volume of 6,823 shares, the days-to-cover ratio is currently 0.9 days.

ProShares Ultra MSCI Japan Stock Performance

Shares of NYSEARCA EZJ traded up $3.03 during midday trading on Friday, reaching $71.06. 1,024 shares of the stock were exchanged, compared to its average volume of 7,707. The company has a 50 day simple moving average of $65.97 and a 200 day simple moving average of $62.69. The stock has a market capitalization of $14.21 million, a P/E ratio of 14.73 and a beta of 1.37. ProShares Ultra MSCI Japan has a twelve month low of $46.28 and a twelve month high of $71.65.

Institutional Investors Weigh In On ProShares Ultra MSCI Japan

A hedge fund recently bought a new stake in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC acquired a new position in shares of ProShares Ultra MSCI Japan (NYSEARCA:EZJFree Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned about 2.80% of ProShares Ultra MSCI Japan at the end of the most recent quarter.

ProShares Ultra MSCI Japan Company Profile

(Get Free Report)

ProShares Ultra MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Japan Index. The MSCI Japan 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 Japan. The Fund invests in equity securities and derivatives. Its investment advisor is ProShare Advisors LLC.

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