ProShares UltraShort Yen (NYSEARCA:YCS – Get Free Report) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 8,307 shares, a decrease of 49.2% from the July 30th total of 16,367 shares. Based on an average daily volume of 39,192 shares, the short-interest ratio is presently 0.2 days. Currently, 1.5% of the company’s stock are short sold.
Institutional Trading of ProShares UltraShort Yen
An institutional investor recently bought a new stake in ProShares UltraShort Yen stock. Jane Street Group LLC acquired a new stake in ProShares UltraShort Yen (NYSEARCA:YCS – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 11,120 shares of the company’s stock, valued at approximately $566,000. Jane Street Group LLC owned 1.85% of ProShares UltraShort Yen at the end of the most recent reporting period.
ProShares UltraShort Yen Price Performance
NYSEARCA YCS opened at $55.25 on Tuesday. ProShares UltraShort Yen has a 12 month low of $42.92 and a 12 month high of $57.92. The stock has a 50 day moving average of $55.70 and a 200-day moving average of $53.99.
ProShares UltraShort Yen Company Profile
The ProShares UltraShort Yen (YCS) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x inverse multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCS was launched on Nov 25, 2008 and is managed by ProShares.
Featured Stories
- Five stocks we like better than ProShares UltraShort Yen
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Receive News & Ratings for ProShares UltraShort Yen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Yen and related companies with MarketBeat.com's FREE daily email newsletter.
