ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) Short Interest Down 56.2% in March

ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) was the target of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 4,605 shares, a decrease of 56.2% from the February 26th total of 10,504 shares. Based on an average trading volume of 7,582 shares, the days-to-cover ratio is currently 0.6 days. Currently, 3.8% of the shares of the stock are short sold.

ProShares Ultra MSCI Brazil Capped Stock Down 4.0%

Shares of UBR traded down $1.41 during trading hours on Thursday, reaching $33.88. 1,489 shares of the company traded hands, compared to its average volume of 6,331. The stock has a fifty day simple moving average of $35.42 and a 200 day simple moving average of $28.82. ProShares Ultra MSCI Brazil Capped has a fifty-two week low of $14.00 and a fifty-two week high of $40.24.

ProShares Ultra MSCI Brazil Capped Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be paid a dividend of $0.1271 per share. This represents a $0.51 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, March 25th.

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).