ProShares UltraShort Consumer Discretionary (NYSEARCA:SCC) Short Interest Update

ProShares UltraShort Consumer Discretionary (NYSEARCA:SCC) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 40,589 shares, a growth of 182.5% from the January 29th total of 14,369 shares. Based on an average daily volume of 25,329 shares, the days-to-cover ratio is currently 1.6 days. Approximately 29.0% of the company’s stock are short sold. Approximately 29.0% of the company’s stock are short sold. Based on an average daily volume of 25,329 shares, the days-to-cover ratio is currently 1.6 days.

ProShares UltraShort Consumer Discretionary Stock Up 0.1%

Shares of ProShares UltraShort Consumer Discretionary stock traded up $0.01 during trading on Thursday, reaching $14.98. The company’s stock had a trading volume of 12,366 shares, compared to its average volume of 15,486. ProShares UltraShort Consumer Discretionary has a 1-year low of $13.12 and a 1-year high of $29.71. The company has a 50-day simple moving average of $14.19 and a two-hundred day simple moving average of $14.75.

ProShares UltraShort Consumer Discretionary Company Profile

ProShares UltraShort Consumer Services (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Consumer Services Index (the Index). The Index measures the performance of consumer spending in the services industry of the United States equity market. Component companies include airlines, broadcasting and entertainment, apparel and broadline retailers, food and drug retailers, media agencies, publishing, gambling, hotels, restaurants and bars, and travel and tourism.