ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Shares Shorted: Short Interest Down 96.3% in September

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,549 shares, a decrease of 96.3% from the August 31st total of 41,638 shares. Based on an average trading volume of 37,329 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the shares of the company are short sold.

ProShares Short MSCI Emerging Markets Trading Down 1.0%

Shares of EUM stock traded down $0.16 during trading hours on Friday, hitting $15.42. 31,181 shares of the company were exchanged, compared to its average volume of 118,877. The firm has a fifty day simple moving average of $15.96 and a 200 day simple moving average of $16.66. ProShares Short MSCI Emerging Markets has a 52-week low of $15.01 and a 52-week high of $21.51.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets 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 Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -100% of the daily return of the MSCI Emerging Markets Index.