ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Sees Significant Decline in Short Interest

ProShares Ultra MSCI Japan (NYSEARCA:EZJ) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,606 shares, a drop of 43.1% from the May 14th total of 2,822 shares. Based on an average daily trading volume, of 4,044 shares, the short-interest ratio is presently 0.4 days. Approximately 0.7% of the company’s shares are short sold.

ProShares Ultra MSCI Japan Price Performance

NYSEARCA EZJ traded up $0.12 during mid-day trading on Tuesday, hitting $66.72. The company’s stock had a trading volume of 6,081 shares, compared to its average volume of 10,174. ProShares Ultra MSCI Japan has a 52-week low of $39.50 and a 52-week high of $70.50. The stock’s fifty day simple moving average is $61.53 and its two-hundred day simple moving average is $58.49. The firm has a market capitalization of $14.68 million, a P/E ratio of 14.73 and a beta of 1.36.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC acquired a new stake in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 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 SEC filing.

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.