Short Interest in ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) Drops By 53.9%

ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 3,137 shares, a decrease of 53.9% from the November 30th total of 6,799 shares. Currently, 2.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 22,346 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 22,346 shares, the days-to-cover ratio is presently 0.1 days. Currently, 2.6% of the shares of the stock are sold short.

ProShares Ultra MSCI Brazil Capped Stock Performance

Shares of NYSEARCA:UBR traded down $0.59 during trading on Monday, reaching $25.55. The stock had a trading volume of 6,105 shares, compared to its average volume of 3,435. ProShares Ultra MSCI Brazil Capped has a 52 week low of $13.69 and a 52 week high of $30.07. The business’s 50-day moving average price is $25.99 and its 200 day moving average price is $22.89.

ProShares Ultra MSCI Brazil Capped Company Profile

ProShares Ultra MSCI Brazil Capped, formerly ProShares Ultra MSCI Brazil, seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Brazil Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index is divided into large- and mid-cap segments. The Fund invests in common stock issued by public companies. The Fund may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and New York Shares (NYSs).