Short Interest in ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Grows By 471.5%

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 13,972 shares, a growth of 471.5% from the April 30th total of 2,445 shares. Approximately 3.0% of the company’s stock are sold short. Based on an average daily trading volume, of 13,167 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of ProShares Ultra MSCI Emerging Markets

Several institutional investors have recently modified their holdings of EET. PMV Capital Advisers LLC lifted its position in shares of ProShares Ultra MSCI Emerging Markets by 556.2% during the 1st quarter. PMV Capital Advisers LLC now owns 13,781 shares of the exchange traded fund’s stock worth $1,154,000 after buying an additional 11,681 shares during the last quarter. Tempus Wealth Planning LLC purchased a new stake in ProShares Ultra MSCI Emerging Markets in the 3rd quarter valued at $709,000. Legacy Wealth Partners LLC raised its position in ProShares Ultra MSCI Emerging Markets by 91.3% in the 1st quarter. Legacy Wealth Partners LLC now owns 14,842 shares of the exchange traded fund’s stock valued at $1,243,000 after purchasing an additional 7,084 shares during the last quarter. Jane Street Group LLC purchased a new stake in ProShares Ultra MSCI Emerging Markets in the 2nd quarter valued at $428,000. Finally, IMC Chicago LLC raised its position in ProShares Ultra MSCI Emerging Markets by 24.0% in the 4th quarter. IMC Chicago LLC now owns 13,271 shares of the exchange traded fund’s stock valued at $1,070,000 after purchasing an additional 2,565 shares during the last quarter.

ProShares Ultra MSCI Emerging Markets Stock Up 0.1%

Shares of NYSEARCA:EET traded up $0.16 during trading on Thursday, hitting $119.11. 23,555 shares of the company were exchanged, compared to its average volume of 14,686. ProShares Ultra MSCI Emerging Markets has a 12-month low of $56.00 and a 12-month high of $122.66. The firm’s 50 day moving average price is $99.27 and its 200-day moving average price is $91.42.

ProShares Ultra MSCI Emerging Markets Company Profile

ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Emerging Markets Index (the Index). The 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 global emerging markets countries. The Index consists of 25 emerging market country indexes, including Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.