ProShares Ultra Yen (NYSEARCA:YCL) Short Interest Update

ProShares Ultra Yen (NYSEARCA:YCL) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 32,824 shares, an increase of 127.6% from the December 31st total of 14,423 shares. Based on an average daily volume of 51,206 shares, the short-interest ratio is presently 0.6 days. Currently, 1.3% of the company’s shares are short sold. Currently, 1.3% of the company’s shares are short sold. Based on an average daily volume of 51,206 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On ProShares Ultra Yen

An institutional investor recently raised its position in ProShares Ultra Yen stock. Jane Street Group LLC increased its position in ProShares Ultra Yen (NYSEARCA:YCL) by 19.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,823 shares of the company’s stock after buying an additional 14,660 shares during the period. Jane Street Group LLC owned about 3.53% of ProShares Ultra Yen worth $2,010,000 as of its most recent SEC filing.

ProShares Ultra Yen Stock Performance

Shares of ProShares Ultra Yen stock traded down $0.44 during mid-day trading on Friday, hitting $19.48. The stock had a trading volume of 153,590 shares, compared to its average volume of 85,628. The firm has a 50-day moving average of $19.20 and a two-hundred day moving average of $20.54. ProShares Ultra Yen has a 12-month low of $18.47 and a 12-month high of $24.90.

ProShares Ultra Yen Company Profile

The ProShares Ultra Yen (YCL) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCL was launched on Nov 24, 2008 and is managed by ProShares.