ProShares UltraShort MSCI EAFE (NYSEARCA:EFU) Stock Short Interest Report for September

ProShares UltraShort MSCI EAFE (NYSEARCA:EFU) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 2,041 shares, a decrease of 59.7% from the September 15th total of 5,068 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 6,805 shares, the days-to-cover ratio is currently 0.3 days.

ProShares UltraShort MSCI EAFE Stock Performance

EFU stock traded down $0.15 during midday trading on Thursday, hitting $7.31. The company’s stock had a trading volume of 4,972 shares, compared to its average volume of 11,121. ProShares UltraShort MSCI EAFE has a 52-week low of $6.67 and a 52-week high of $10.42. The firm has a 50-day simple moving average of $7.00 and a 200-day simple moving average of $7.41.

ProShares UltraShort MSCI EAFE Company Profile

ProShares UltraShort MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. 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 MSCI EAFE Index.