Short Interest in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Drops By 44.1%

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 765,045 shares, a drop of 44.1% from the December 15th total of 1,367,482 shares. Currently, 3.9% of the company’s stock are sold short. Based on an average daily trading volume, of 2,370,443 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 2,370,443 shares, the short-interest ratio is currently 0.3 days. Currently, 3.9% of the company’s stock are sold short.

Key Headlines Impacting ProShares Ultra Bloomberg Crude Oil

Here are the key news stories impacting ProShares Ultra Bloomberg Crude Oil this week:

• Positive Sentiment: U.S. interdiction of sanctioned tankers reduces some shadow‑fleet crude flows, a potential near‑term supply tightener that can support oil prices. U.S. Forces Seize Sixth Oil Tanker
• Positive Sentiment: OPEC demand outlook and India shifting away from Russian barrels lifts OPEC’s share of imports — an indicator of steady demand that can underpin prices. OPEC regains share in India
• Neutral Sentiment: Venezuela’s proposed hydrocarbon law reform aims to attract investment — positive for long‑term production and infrastructure but ambiguous for immediate supplies/prices. Venezuela proposes oil reform
• Negative Sentiment: President Trump’s remarks easing the prospect of military action against Iran reduced geopolitical risk premia, prompting a sharp pullback in oil futures and pressuring oil‑long products like UCO. Oil prices fall after Trump comments
• Negative Sentiment: U.S. sales and resumed Venezuelan shipments (including the first $500M sale) are increasing available heavy crude to Gulf Coast refiners, adding near‑term supply and weighing on prices. US completes first Venezuelan oil sales
• Negative Sentiment: U.S. crude inventories rose recently, and technical indicators show a volatility‑driven pullback testing support levels — a pattern that typically pressures leveraged long ETFs until momentum confirms a reversal. U.S. Crude Oil Stockpiles Post Weekly Increase
• Negative Sentiment: Technical/short‑term analysis shows a failed breakout and a pullback to prior resistance now acting as support — but momentum indicators remain vulnerable to a deeper retracement, increasing downside risk for oil‑linked ETFs. Crude Oil Price Forecast: Volatility Tests Bullish Reversal Structure

ProShares Ultra Bloomberg Crude Oil Stock Performance

ProShares Ultra Bloomberg Crude Oil stock traded down $0.82 during mid-day trading on Thursday, reaching $20.18. 2,782,551 shares of the company’s stock were exchanged, compared to its average volume of 4,023,857. The business’s fifty day simple moving average is $20.03 and its 200 day simple moving average is $21.82. ProShares Ultra Bloomberg Crude Oil has a one year low of $17.78 and a one year high of $30.83.

Hedge Funds Weigh In On ProShares Ultra Bloomberg Crude Oil

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quantum Financial Advisors LLC purchased a new stake in shares of ProShares Ultra Bloomberg Crude Oil during the 2nd quarter worth approximately $480,000. Luminist Capital LLC purchased a new stake in ProShares Ultra Bloomberg Crude Oil during the 2nd quarter worth about $30,000. Flow Traders U.S. LLC boosted its position in shares of ProShares Ultra Bloomberg Crude Oil by 202.7% in the second quarter. Flow Traders U.S. LLC now owns 32,267 shares of the exchange traded fund’s stock valued at $723,000 after acquiring an additional 21,609 shares during the period. Corsicana & Co. bought a new position in shares of ProShares Ultra Bloomberg Crude Oil in the third quarter valued at approximately $45,000. Finally, Spire Wealth Management grew its stake in ProShares Ultra Bloomberg Crude Oil by 15.5% during the third quarter. Spire Wealth Management now owns 6,702 shares of the exchange traded fund’s stock valued at $151,000 after acquiring an additional 900 shares in the last quarter.

About ProShares Ultra Bloomberg Crude Oil

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.