ProShares UltraShort FTSE China 50 (NYSEARCA:FXP) Short Interest Update

ProShares UltraShort FTSE China 50 (NYSEARCA:FXP) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 15,550 shares, a growth of 202.5% from the July 30th total of 5,141 shares. Based on an average daily volume of 3,685 shares, the short-interest ratio is presently 4.2 days. Approximately 5.2% of the company’s stock are short sold.

ProShares UltraShort FTSE China 50 Price Performance

Shares of ProShares UltraShort FTSE China 50 stock traded up $0.52 during mid-day trading on Thursday, hitting $20.54. 1,065 shares of the stock were exchanged, compared to its average volume of 6,638. ProShares UltraShort FTSE China 50 has a 12 month low of $15.80 and a 12 month high of $26.20. The company has a 50-day simple moving average of $21.76 and a 200 day simple moving average of $20.52.

Institutional Investors Weigh In On ProShares UltraShort FTSE China 50

A hedge fund recently raised its position in ProShares UltraShort FTSE China 50 stock. Jane Street Group LLC grew its stake in shares of ProShares UltraShort FTSE China 50 (NYSEARCA:FXP) by 16.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,818 shares of the company’s stock after acquiring an additional 2,107 shares during the period. Jane Street Group LLC owned about 2.50% of ProShares UltraShort FTSE China 50 worth $181,000 at the end of the most recent reporting period.

ProShares UltraShort FTSE China 50 Company Profile

ProShares UltraShort FTSE China 50 (the Fund) seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the FTSE China 50 Index (the Index). The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange (HKEX). The Fund’s investment advisor is ProShare Advisors LLC.