ProShares Short MSCI EAFE (NYSEARCA:EFZ) Short Interest Down 51.9% in July

ProShares Short MSCI EAFE (NYSEARCA:EFZ) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,179 shares, a decline of 51.9% from the June 30th total of 2,453 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 6,100 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On ProShares Short MSCI EAFE

A number of large investors have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new position in shares of ProShares Short MSCI EAFE in the fourth quarter worth $147,000. SB Capital Management Inc purchased a new stake in ProShares Short MSCI EAFE during the 4th quarter worth about $1,460,000. Finally, Hamilton Wealth LLC acquired a new position in ProShares Short MSCI EAFE in the 1st quarter valued at about $314,000.

ProShares Short MSCI EAFE Price Performance

Shares of NYSEARCA EFZ remained flat at $23.11 on Wednesday. 12,104 shares of the company’s stock traded hands, compared to its average volume of 36,597. The company has a 50-day simple moving average of $23.24 and a 200 day simple moving average of $23.89. ProShares Short MSCI EAFE has a 12 month low of $22.60 and a 12 month high of $28.60.

ProShares Short MSCI EAFE Company Profile

ProShares Short MSCI EAFE (the Fund) seeks daily investment results that correspond to the inverse (opposite) of 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 Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -100% of the daily return of the MSCI EAFE Index.