ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) Shares Shorted: Short Interest Down 78.6% in September

ProShares UltraShort MSCI Emerging Markets (NYSEARCA:EEV) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 3,076 shares, a decline of 78.6% from the September 15th total of 14,361 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 20,804 shares, the short-interest ratio is presently 0.1 days.

ProShares UltraShort MSCI Emerging Markets Stock Down 1.8%

EEV traded down $0.20 on Friday, reaching $10.62. The company had a trading volume of 14,453 shares, compared to its average volume of 47,319. ProShares UltraShort MSCI Emerging Markets has a fifty-two week low of $9.98 and a fifty-two week high of $21.61. The company’s fifty day moving average is $10.74 and its 200 day moving average is $12.04.

ProShares UltraShort MSCI Emerging Markets Company Profile

ProShares UltraShort MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index (the Index). The 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 -200% of the daily return of the Index.