ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) Short Interest Update

ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 3,723 shares, a drop of 22.3% from the December 15th total of 4,792 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 4,899 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 4,899 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the shares of the company are sold short.

ProShares UltraPro MidCap 400 Price Performance

NYSEARCA:UMDD traded down $0.32 during trading hours on Friday, reaching $30.21. The company had a trading volume of 9,541 shares, compared to its average volume of 8,058. The firm has a market cap of $32.63 million, a PE ratio of 13.00 and a beta of 3.25. The business’s 50 day moving average price is $26.22 and its 200-day moving average price is $25.32. ProShares UltraPro MidCap 400 has a 1-year low of $12.81 and a 1-year high of $31.25.

Institutional Investors Weigh In On ProShares UltraPro MidCap 400

A hedge fund recently bought a new stake in ProShares UltraPro MidCap 400 stock. Susquehanna International Group LLP purchased a new position in shares of ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 20,843 shares of the company’s stock, valued at approximately $531,000. Susquehanna International Group LLP owned 1.86% of ProShares UltraPro MidCap 400 as of its most recent SEC filing.

ProShares UltraPro MidCap 400 Company Profile

ProShares UltraPro MidCap400 (the Fund), seeks daily investment results, which correspond to triple (300%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float. The investment adviser of the Fund is ProShare Advisors LLC .