ProShares Ultra High Yield (NYSEARCA:UJB) Shares Shorted: Short Interest Down 84.8% in September

ProShares Ultra High Yield (NYSEARCA:UJB) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 123 shares, a decrease of 84.8% from the September 15th total of 810 shares. Based on an average daily trading volume, of 17,114 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the company’s stock are short sold.

ProShares Ultra High Yield Stock Up 0.2%

NYSEARCA:UJB traded up $0.12 during mid-day trading on Friday, hitting $74.30. The stock had a trading volume of 65 shares, compared to its average volume of 14,845. The stock has a 50-day simple moving average of $77.36 and a two-hundred day simple moving average of $77.92. ProShares Ultra High Yield has a twelve month low of $73.20 and a twelve month high of $80.09.

ProShares Ultra High Yield Company Profile

The ProShares Ultra High Yield (UJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years. UJB was launched on Apr 13, 2011 and is managed by ProShares.