ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Short Interest Update

ProShares Ultra MSCI Japan (NYSEARCA:EZJ) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 6,656 shares, a decrease of 25.4% from the February 26th total of 8,924 shares. Currently, 4.2% of the shares of the company are short sold. Based on an average daily trading volume, of 21,838 shares, the days-to-cover ratio is currently 0.3 days.

ProShares Ultra MSCI Japan Stock Up 0.6%

Shares of NYSEARCA:EZJ opened at $51.00 on Tuesday. ProShares Ultra MSCI Japan has a fifty-two week low of $28.50 and a fifty-two week high of $70.50. The firm’s 50-day simple moving average is $59.73 and its 200-day simple moving average is $54.51. The company has a market cap of $8.16 million, a price-to-earnings ratio of 14.73 and a beta of 1.37.

ProShares Ultra MSCI Japan Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be issued a $0.5174 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $2.07 dividend on an annualized basis and a yield of 4.1%. This is a boost from ProShares Ultra MSCI Japan’s previous quarterly dividend of $0.29.

Hedge Funds Weigh In On ProShares Ultra MSCI Japan

A hedge fund recently bought a new stake in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC purchased a new stake in ProShares Ultra MSCI Japan (NYSEARCA:EZJ) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned 2.80% of ProShares Ultra MSCI Japan at the end of the most recent reporting period.

ProShares Ultra MSCI Japan Company Profile

ProShares Ultra MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Japan Index. The MSCI Japan Index 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 Japan. The Fund invests in equity securities and derivatives. Its investment advisor is ProShare Advisors LLC.