ProShares UltraShort MSCI Japan (NYSEARCA:EWV) Short Interest Update

ProShares UltraShort MSCI Japan (NYSEARCA:EWV) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 5,500 shares, an increase of 139.1% from the May 15th total of 2,300 shares. Currently, 3.4% of the company’s shares are sold short. Based on an average daily volume of 7,000 shares, the short-interest ratio is presently 0.8 days.

ProShares UltraShort MSCI Japan Price Performance

Shares of NYSEARCA:EWV traded up $0.63 during trading on Friday, hitting $34.03. The company had a trading volume of 1,576 shares, compared to its average volume of 8,287. The company has a fifty day simple moving average of $36.40 and a two-hundred day simple moving average of $39.28. ProShares UltraShort MSCI Japan has a one year low of $32.60 and a one year high of $53.60.

Institutional Trading of ProShares UltraShort MSCI Japan

An institutional investor recently bought a new position in ProShares UltraShort MSCI Japan stock. Csenge Advisory Group bought a new stake in shares of ProShares UltraShort MSCI Japan (NYSEARCA:EWV) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,607 shares of the company’s stock, valued at approximately $379,000. Csenge Advisory Group owned about 8.74% of ProShares UltraShort MSCI Japan as of its most recent filing with the Securities & Exchange Commission.

About ProShares UltraShort MSCI Japan

ProShares UltraShort MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Japan 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 Japan.