Short Interest in ProShares UltraShort Health Care (NYSEARCA:RXD) Increases By 25.1%

ProShares UltraShort Health Care (NYSEARCA:RXD) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 9,205 shares, an increase of 25.1% from the December 15th total of 7,358 shares. Based on an average daily volume of 4,487 shares, the short-interest ratio is presently 2.1 days. Currently, 7.7% of the shares of the stock are sold short. Currently, 7.7% of the shares of the stock are sold short. Based on an average daily volume of 4,487 shares, the short-interest ratio is presently 2.1 days.

ProShares UltraShort Health Care Price Performance

NYSEARCA RXD traded up $0.12 on Monday, hitting $8.98. 591 shares of the company were exchanged, compared to its average volume of 4,045. ProShares UltraShort Health Care has a twelve month low of $8.46 and a twelve month high of $13.64. The company’s 50 day moving average price is $9.15 and its 200-day moving average price is $10.74.

ProShares UltraShort Health Care Company Profile

ProShares UltraShort Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Health Care 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.