ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Short Interest Update

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 27,061 shares, a drop of 89.4% from the July 30th total of 256,378 shares. Based on an average daily trading volume, of 100,991 shares, the short-interest ratio is presently 0.3 days. Currently, 4.0% of the company’s stock are sold short.

ProShares Short MSCI Emerging Markets Trading Up 0.2%

Shares of NYSEARCA:EUM traded up $0.03 during midday trading on Wednesday, hitting $15.70. 26,258 shares of the company’s stock were exchanged, compared to its average volume of 125,461. ProShares Short MSCI Emerging Markets has a 12 month low of $15.01 and a 12 month high of $22.63. The stock has a 50 day moving average price of $16.06 and a 200-day moving average price of $17.05.

Institutional Investors Weigh In On ProShares Short MSCI Emerging Markets

An institutional investor recently raised its stake in ProShares Short MSCI Emerging Markets stock. Jane Street Group LLC increased its stake in shares of ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) by 12.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,153 shares of the company’s stock after buying an additional 1,089 shares during the period. Jane Street Group LLC owned about 2.31% of ProShares Short MSCI Emerging Markets worth $234,000 as of its most recent SEC filing.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets 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 global emerging markets countries. 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 Emerging Markets Index.