ProShares Ultra MSCI Japan (NYSEARCA:EZJ) Sees Significant Increase in Short Interest

ProShares Ultra MSCI Japan (NYSEARCA:EZJGet Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,340 shares, a growth of 367.6% from the August 15th total of 1,356 shares. Based on an average trading volume of 6,823 shares, the short-interest ratio is currently 0.9 days. Approximately 3.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Ultra MSCI Japan stock. Moneta Group Investment Advisors LLC bought a new stake in ProShares Ultra MSCI Japan (NYSEARCA:EZJFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,200 shares of the exchange traded fund’s stock, valued at approximately $205,000. Moneta Group Investment Advisors LLC owned approximately 2.80% of ProShares Ultra MSCI Japan at the end of the most recent reporting period.

ProShares Ultra MSCI Japan Trading Up 4.6%

Shares of EZJ stock traded up $3.10 during trading hours on Friday, reaching $71.13. The stock had a trading volume of 1,284 shares, compared to its average volume of 7,709. The stock’s fifty day simple moving average is $66.10 and its 200 day simple moving average is $62.75. ProShares Ultra MSCI Japan has a 12 month low of $46.28 and a 12 month high of $71.65. The firm has a market capitalization of $14.23 million, a PE ratio of 14.73 and a beta of 1.37.

ProShares Ultra MSCI Japan Company Profile

(Get Free Report)

ProShares Ultra MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Japan Index. The MSCI Japan Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group, in Japan. The Fund invests in equity securities and derivatives. Its investment advisor is ProShare Advisors LLC.

Featured Stories

Receive News & Ratings for ProShares Ultra MSCI Japan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra MSCI Japan and related companies with MarketBeat.com's FREE daily email newsletter.