ProShares UltraShort MSCI EAFE (NYSEARCA:EFU) Short Interest Up 147.6% in June

ProShares UltraShort MSCI EAFE (NYSEARCA:EFU) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,036 shares, a growth of 147.6% from the May 31st total of 1,630 shares. Based on an average daily volume of 9,355 shares, the short-interest ratio is currently 0.4 days. Currently, 3.4% of the shares of the company are short sold.

ProShares UltraShort MSCI EAFE Stock Up 1.3%

Shares of NYSEARCA EFU traded up $0.10 during trading hours on Wednesday, reaching $7.40. The stock had a trading volume of 5,588 shares, compared to its average volume of 13,755. The firm has a 50-day moving average of $7.64 and a 200-day moving average of $8.16. ProShares UltraShort MSCI EAFE has a fifty-two week low of $7.16 and a fifty-two week high of $11.45.

ProShares UltraShort MSCI EAFE Company Profile

ProShares UltraShort MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the MSCI EAFE Index.