ProShares Ultra High Yield (NYSEARCA:UJB) Short Interest Update

ProShares Ultra High Yield (NYSEARCA:UJB) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 48 shares, a decline of 91.8% from the April 30th total of 584 shares. Based on an average trading volume of 18,468 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of ProShares Ultra High Yield

Several institutional investors have recently made changes to their positions in UJB. Jane Street Group LLC boosted its position in shares of ProShares Ultra High Yield by 28.5% during the 1st quarter. Jane Street Group LLC now owns 7,333 shares of the company’s stock valued at $533,000 after acquiring an additional 1,625 shares in the last quarter. Citadel Advisors LLC boosted its position in ProShares Ultra High Yield by 20.1% in the third quarter. Citadel Advisors LLC now owns 5,017 shares of the company’s stock valued at $392,000 after buying an additional 840 shares in the last quarter. Susquehanna International Group LLP acquired a new position in ProShares Ultra High Yield in the third quarter valued at about $217,000. Finally, CWM LLC boosted its position in ProShares Ultra High Yield by 244.8% in the fourth quarter. CWM LLC now owns 331 shares of the company’s stock valued at $26,000 after buying an additional 235 shares in the last quarter.

ProShares Ultra High Yield Price Performance

Shares of ProShares Ultra High Yield stock traded down $0.10 during trading on Wednesday, hitting $78.60. 178 shares of the company’s stock traded hands, compared to its average volume of 15,131. The firm’s fifty day moving average price is $77.89 and its 200 day moving average price is $78.60. ProShares Ultra High Yield has a twelve month low of $74.32 and a twelve month high of $80.09.

ProShares Ultra High Yield Company Profile

The ProShares Ultra High Yield (UJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years. UJB was launched on Apr 13, 2011 and is managed by ProShares.