ProShares UltraShort Consumer Staples (NYSEARCA:SZK) Stock Short Interest Report for October

ProShares UltraShort Consumer Staples (NYSEARCA:SZK) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 3,060 shares, a growth of 1,812.5% from the September 30th total of 160 shares. Approximately 7.6% of the company’s stock are short sold. Based on an average daily volume of 6,090 shares, the short-interest ratio is currently 0.5 days.

ProShares UltraShort Consumer Staples Price Performance

Shares of SZK traded up $0.14 during trading hours on Monday, reaching $18.75. The company’s stock had a trading volume of 139 shares, compared to its average volume of 4,974. ProShares UltraShort Consumer Staples has a 1-year low of $17.97 and a 1-year high of $27.72. The company has a 50 day moving average of $21.01 and a two-hundred day moving average of $21.61.

ProShares UltraShort Consumer Staples Company Profile

ProShares UltraShort Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.