ProShares Ultra Euro (NYSEARCA:ULE) Short Interest Down 26.3% in December

ProShares Ultra Euro (NYSEARCA:ULE) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 23,289 shares, a decline of 26.3% from the December 15th total of 31,587 shares. Currently, 5.2% of the company’s shares are sold short. Based on an average trading volume of 10,094 shares, the days-to-cover ratio is presently 2.3 days. Based on an average trading volume of 10,094 shares, the days-to-cover ratio is presently 2.3 days. Currently, 5.2% of the company’s shares are sold short.

ProShares Ultra Euro Price Performance

ProShares Ultra Euro stock traded down $0.03 during midday trading on Friday, hitting $12.82. 2,547 shares of the stock were exchanged, compared to its average volume of 9,204. The stock’s 50-day simple moving average is $12.99 and its 200 day simple moving average is $13.03. ProShares Ultra Euro has a fifty-two week low of $10.17 and a fifty-two week high of $13.64.

ProShares Ultra Euro Company Profile

The ProShares Ultra Euro (ULE) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides 2x the daily performance of the euro spot price against the US dollar. ULE was launched on Nov 25, 2008 and is managed by ProShares.