ProShares UltraShort Euro (NYSEARCA:EUO – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 21,790 shares, a growth of 67.0% from the September 15th total of 13,050 shares. Based on an average daily trading volume, of 12,963 shares, the days-to-cover ratio is presently 1.7 days. Currently, 2.0% of the company’s shares are short sold.
ProShares UltraShort Euro Price Performance
Shares of NYSEARCA:EUO opened at $32.30 on Friday. The stock’s 50-day moving average price is $30.72 and its two-hundred day moving average price is $30.12. ProShares UltraShort Euro has a 12-month low of $26.93 and a 12-month high of $32.83.
ProShares UltraShort Euro Company Profile
The ProShares UltraShort Euro (EUO) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides a -200% exposure to the daily performance of the EUR spot price against the US dollar as measured by Bloomberg. EUO was launched on Nov 25, 2008 and is managed by ProShares.
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