Short Interest in ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) Grows By 85.8%

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,506,765 shares, an increase of 85.8% from the May 31st total of 2,963,470 shares. Based on an average daily volume of 9,091,770 shares, the short-interest ratio is currently 0.6 days. Currently, 22.1% of the company’s stock are short sold.

Institutional Investors Weigh In On ProShares Ultra VIX Short-Term Futures ETF

Several institutional investors and hedge funds have recently modified their holdings of UVXY. DV Trading LLC boosted its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 653.8% in the first quarter. DV Trading LLC now owns 8,224 shares of the company’s stock worth $430,000 after buying an additional 7,133 shares during the period. Group One Trading LLC purchased a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 1st quarter valued at about $762,000. Jump Financial LLC lifted its position in ProShares Ultra VIX Short-Term Futures ETF by 47.9% during the 4th quarter. Jump Financial LLC now owns 31,679 shares of the company’s stock worth $1,138,000 after acquiring an additional 10,259 shares in the last quarter. Focus Partners Wealth acquired a new position in ProShares Ultra VIX Short-Term Futures ETF during the 4th quarter worth approximately $7,913,000. Finally, HCEP Management Ltd purchased a new position in ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter worth approximately $19,956,000.

ProShares Ultra VIX Short-Term Futures ETF Trading Down 3.2%

Shares of BATS UVXY opened at $24.89 on Wednesday. ProShares Ultra VIX Short-Term Futures ETF has a 12-month low of $24.63 and a 12-month high of $96.30. The stock has a fifty day moving average price of $32.24 and a 200 day moving average price of $38.19.

ProShares Ultra VIX Short-Term Futures ETF Company Profile

The ProShares Ultra VIX Short-Term Futures ETF (UVXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund provides 1.5x leveraged exposure to an index comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVXY was launched on Oct 3, 2011 and is managed by ProShares.