ProShares UltraShort Euro (NYSEARCA:EUO – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 327,210 shares, a growth of 1,401.7% from the September 30th total of 21,790 shares. Based on an average daily trading volume, of 57,725 shares, the short-interest ratio is presently 5.7 days. Currently, 23.4% of the shares of the company are sold short.
ProShares UltraShort Euro Trading Up 0.6%
NYSEARCA:EUO opened at $32.73 on Tuesday. The stock has a fifty day moving average price of $31.02 and a 200 day moving average price of $29.81. 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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