Short Interest in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Increases By 165.8%

ProShares Ultra MSCI Japan (NYSEARCA:EZJ) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 8,031 shares, a growth of 165.8% from the December 31st total of 3,021 shares. Approximately 5.0% of the shares of the company are short sold. Based on an average daily volume of 3,219 shares, the days-to-cover ratio is currently 2.5 days. Based on an average daily volume of 3,219 shares, the days-to-cover ratio is currently 2.5 days. Approximately 5.0% of the shares of the company are short sold.

ProShares Ultra MSCI Japan Trading Down 0.9%

Shares of EZJ stock traded down $0.52 during trading on Friday, reaching $58.10. 13,504 shares of the company’s stock traded hands, compared to its average volume of 5,485. The company has a market capitalization of $9.30 million, a P/E ratio of 14.73 and a beta of 1.37. The firm’s 50-day moving average is $53.82 and its 200 day moving average is $50.25. ProShares Ultra MSCI Japan has a 1 year low of $28.50 and a 1 year high of $58.89.

Hedge Funds Weigh In On ProShares Ultra MSCI Japan

An institutional investor recently bought a new position in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC purchased a new stake in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned approximately 2.80% of ProShares Ultra MSCI Japan as of its most recent filing with the Securities & Exchange Commission.

ProShares Ultra MSCI Japan Company Profile

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.