ProShares UltraShort Yen (NYSEARCA:YCS) Short Interest Down 49.2% in August

ProShares UltraShort Yen (NYSEARCA:YCS) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 8,307 shares, a decrease of 49.2% from the July 30th total of 16,367 shares. Based on an average daily volume of 39,192 shares, the short-interest ratio is presently 0.2 days. Currently, 1.5% of the company’s shares are sold short.

ProShares UltraShort Yen Trading Down 0.3%

Shares of YCS traded down $0.18 on Monday, reaching $55.25. 5,728 shares of the company’s stock were exchanged, compared to its average volume of 31,131. The business has a 50 day moving average price of $55.71 and a two-hundred day moving average price of $53.95. ProShares UltraShort Yen has a 12 month low of $42.92 and a 12 month high of $57.92.

Institutional Trading of ProShares UltraShort Yen

An institutional investor recently bought a new position in ProShares UltraShort Yen stock. Jane Street Group LLC purchased a new stake in ProShares UltraShort Yen (NYSEARCA:YCS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,120 shares of the company’s stock, valued at approximately $566,000. Jane Street Group LLC owned 1.85% of ProShares UltraShort Yen as of its most recent SEC filing.

ProShares UltraShort Yen Company Profile

The ProShares UltraShort Yen (YCS) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x inverse multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCS was launched on Nov 25, 2008 and is managed by ProShares.