ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO – Get Free Report) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 1,322,526 shares, a drop of 16.3% from the January 15th total of 1,579,748 shares. Based on an average daily volume of 3,084,809 shares, the short-interest ratio is presently 0.4 days. Approximately 7.3% of the shares of the stock are sold short. Approximately 7.3% of the shares of the stock are sold short. Based on an average daily volume of 3,084,809 shares, the short-interest ratio is presently 0.4 days.
Institutional Trading of ProShares Ultra Bloomberg Crude Oil
Several large investors have recently bought and sold shares of the company. Luminist Capital LLC purchased a new position in shares of ProShares Ultra Bloomberg Crude Oil in the second quarter valued at $30,000. Corsicana & Co. acquired a new stake in ProShares Ultra Bloomberg Crude Oil in the 3rd quarter valued at about $45,000. Spire Wealth Management increased its holdings in ProShares Ultra Bloomberg Crude Oil by 15.5% during the 3rd quarter. Spire Wealth Management now owns 6,702 shares of the exchange traded fund’s stock valued at $151,000 after acquiring an additional 900 shares in the last quarter. Connective Capital Management LLC acquired a new position in ProShares Ultra Bloomberg Crude Oil during the third quarter worth about $159,000. Finally, JPMorgan Chase & Co. acquired a new position in ProShares Ultra Bloomberg Crude Oil during the third quarter worth about $191,000.
ProShares Ultra Bloomberg Crude Oil Trading Down 1.0%
ProShares Ultra Bloomberg Crude Oil stock traded down $0.22 during mid-day trading on Tuesday, reaching $22.29. The company had a trading volume of 2,517,360 shares, compared to its average volume of 3,534,691. The stock’s 50-day simple moving average is $20.83 and its 200-day simple moving average is $21.52. ProShares Ultra Bloomberg Crude Oil has a 1 year low of $17.78 and a 1 year high of $29.20.
More ProShares Ultra Bloomberg Crude Oil News
- Positive Sentiment: Partial closure of the Strait of Hormuz raises short‑term supply risk and supports crude — a tailwind for UCO. Iran partially closes Strait of Hormuz, a vital oil chokepoint, as U.S. talks get underway
- Positive Sentiment: Iranian naval war games near the Strait of Hormuz are keeping a geopolitical risk premium in play and underpinning oil support. Oil prices stable as Iran conducts war games in Strait of Hormuz
- Positive Sentiment: Traders buying dips as Iran tensions resurface have added upside momentum to crude, which benefits UCO’s leveraged exposure. Oil News: Traders Buy the Dip as Iran Talks Reignite War Premium in Crude Oil
- Positive Sentiment: Regional pipeline disruptions and requests for cross‑border help (Hungary/Croatia) highlight logistics strains that can support near‑term prices. Hungary asks Croatia for help after Russian oil flows via Ukraine halted
- Neutral Sentiment: Oil prices held roughly steady as traders weighed competing supply‑risk headlines ahead of U.S.‑Iran talks — volatility, not a clear trend. Oil steady as traders weigh supply risks heading into key US-Iran talks
- Neutral Sentiment: Prices are mixed as markets await further rounds of talks and data; expect event‑driven swings. Oil Prices Mixed as Traders Await Second Round of U.S.-Iran Talks
- Neutral Sentiment: Longer‑term supply growth in places like Guyana is positive for production but is a longer‑horizon factor versus today’s price drivers. Guyana’s oil growth potential rises as Venezuela tensions set to ease
- Negative Sentiment: Progress in U.S.‑Iran talks has reduced the war premium at times, weighing on crude and pressuring UCO. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Progress In U.S. – Iran Talks
- Negative Sentiment: Rising inventories and an IEA warning about a 2026 supply surplus cap upside for crude. Inventory pressure is a direct headwind for UCO. Natural Gas and Oil Forecast: Inventory Surge Caps Oil, NG Coils – Is $60 Oil Next?
- Negative Sentiment: EU and Czech statements that immediate supply risk is limited (ample stocks / limited reverse flows) reduce near‑term risk premia. EU says no short-term oil supply risk in Hungary, Slovakia
- Negative Sentiment: Resilient U.S. production and growing flows (e.g., China buying more discounted Russian oil) are structural supply factors that cap rallies in crude and pressure leveraged funds like UCO. Resilient U.S. Oil Production Is a Boon to Trump. How Long Will It Last?
- Negative Sentiment: China’s record uptake of discounted Russian oil increases effective global supply availability and is a drag on prices. China’s Russian oil imports to hit new record in February as India cuts back
About ProShares Ultra Bloomberg Crude Oil
ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.
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