ProShares Ultra MSCI EAFE (NYSEARCA:EFO) Short Interest Down 50.8% in February

ProShares Ultra MSCI EAFE (NYSEARCA:EFO) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 5,957 shares, a decrease of 50.8% from the February 12th total of 12,108 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average daily trading volume, of 12,200 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 12,200 shares, the short-interest ratio is currently 0.5 days. Currently, 1.4% of the shares of the company are sold short.

Institutional Trading of ProShares Ultra MSCI EAFE

Hedge funds and other institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. purchased a new position in shares of ProShares Ultra MSCI EAFE during the second quarter worth $55,000. Jane Street Group LLC purchased a new stake in ProShares Ultra MSCI EAFE in the second quarter valued at $256,000. Susquehanna International Group LLP purchased a new stake in ProShares Ultra MSCI EAFE in the third quarter valued at $515,000. Finally, Discipline Wealth Solutions LLC acquired a new stake in ProShares Ultra MSCI EAFE during the 3rd quarter worth about $4,183,000.

ProShares Ultra MSCI EAFE Price Performance

NYSEARCA:EFO traded down $1.99 during midday trading on Thursday, hitting $64.52. The company’s stock had a trading volume of 9,874 shares, compared to its average volume of 10,145. ProShares Ultra MSCI EAFE has a fifty-two week low of $36.53 and a fifty-two week high of $76.50. The firm’s 50 day moving average is $70.35 and its 200-day moving average is $64.04.

About ProShares Ultra MSCI EAFE

ProShares Ultra MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. The MSCI EAFE Index consists of 21 developed market country indexes, including Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.