ProShares Ultra Energy (NYSEARCA:DIG) Short Interest Down 75.7% in January

ProShares Ultra Energy (NYSEARCA:DIG) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 22,997 shares, a decrease of 75.7% from the January 15th total of 94,810 shares. Based on an average trading volume of 45,101 shares, the short-interest ratio is currently 0.5 days. Approximately 1.2% of the company’s shares are short sold. Approximately 1.2% of the company’s shares are short sold. Based on an average trading volume of 45,101 shares, the short-interest ratio is currently 0.5 days.

ProShares Ultra Energy Stock Down 3.5%

DIG stock opened at $51.91 on Friday. ProShares Ultra Energy has a 52-week low of $26.50 and a 52-week high of $54.24. The stock has a market cap of $96.03 million, a price-to-earnings ratio of 14.85 and a beta of 1.53. The business has a fifty day moving average of $40.80 and a two-hundred day moving average of $37.33.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of DIG. Jane Street Group LLC increased its position in shares of ProShares Ultra Energy by 411.8% during the second quarter. Jane Street Group LLC now owns 30,709 shares of the exchange traded fund’s stock valued at $1,022,000 after acquiring an additional 24,709 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of ProShares Ultra Energy by 789.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 26,205 shares of the exchange traded fund’s stock worth $872,000 after purchasing an additional 23,258 shares during the period. Envestnet Asset Management Inc. purchased a new position in shares of ProShares Ultra Energy during the 2nd quarter worth approximately $393,000. PMV Capital Advisers LLC increased its holdings in ProShares Ultra Energy by 53.7% in the 4th quarter. PMV Capital Advisers LLC now owns 12,924 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 4,518 shares during the last quarter. Finally, Simplex Trading LLC purchased a new stake in ProShares Ultra Energy in the fourth quarter valued at approximately $52,000.

ProShares Ultra Energy Company Profile

ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.