Short Interest in ProShares UltraShort FTSE Europe (NYSEARCA:EPV) Rises By 32.5%

ProShares UltraShort FTSE Europe (NYSEARCA:EPV) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 22,241 shares, a growth of 32.5% from the February 12th total of 16,788 shares. Based on an average daily trading volume, of 8,671 shares, the days-to-cover ratio is presently 2.6 days. Currently, 4.2% of the company’s shares are sold short. Currently, 4.2% of the company’s shares are sold short. Based on an average daily trading volume, of 8,671 shares, the days-to-cover ratio is presently 2.6 days.

ProShares UltraShort FTSE Europe Stock Down 3.3%

Shares of EPV traded down $0.74 during trading hours on Monday, hitting $21.91. The company had a trading volume of 32,229 shares, compared to its average volume of 29,803. ProShares UltraShort FTSE Europe has a 52-week low of $18.67 and a 52-week high of $42.45. The stock’s 50 day moving average price is $20.21 and its 200 day moving average price is $22.70.

Institutional Trading of ProShares UltraShort FTSE Europe

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Simplex Trading LLC purchased a new stake in shares of ProShares UltraShort FTSE Europe during the second quarter valued at approximately $122,000. Two Sigma Securities LLC purchased a new position in shares of ProShares UltraShort FTSE Europe in the second quarter worth $297,000. Jane Street Group LLC purchased a new position in shares of ProShares UltraShort FTSE Europe in the fourth quarter worth $394,000. Finally, Verity Asset Management Inc. raised its holdings in ProShares UltraShort FTSE Europe by 73.6% during the 3rd quarter. Verity Asset Management Inc. now owns 18,531 shares of the company’s stock valued at $453,000 after buying an additional 7,857 shares during the last quarter.

ProShares UltraShort FTSE Europe Company Profile

The ProShares UltraShort FTSE Europe (EPV) is an exchange-traded fund that is based on the FTSE All Cap Developed Europe index. The fund provides a daily leveraged inverse (-2x) exposure to a market-cap-weighted index of European developed markets equities. EPV was launched on Jun 18, 2009 and is managed by ProShares.