ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Shares Shorted: Short Interest Up 354.3% in September

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 7,037 shares, an increase of 354.3% from the September 15th total of 1,549 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 80,408 shares, the days-to-cover ratio is currently 0.1 days.

ProShares Short MSCI Emerging Markets Stock Performance

NYSEARCA:EUM traded up $0.14 during trading hours on Monday, reaching $15.86. The company had a trading volume of 4,104 shares, compared to its average volume of 114,067. The stock has a 50-day moving average of $15.76 and a two-hundred day moving average of $16.40. ProShares Short MSCI Emerging Markets has a one year low of $15.01 and a one year high of $21.33.

About ProShares Short MSCI Emerging Markets

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.