ProShares UltraShort Euro (NYSEARCA:EUO) Short Interest Update

ProShares UltraShort Euro (NYSEARCA:EUO) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 12,817 shares, a drop of 66.0% from the August 15th total of 37,721 shares. Approximately 1.1% of the company’s shares are sold short. Based on an average daily volume of 14,485 shares, the short-interest ratio is currently 0.9 days.

ProShares UltraShort Euro Trading Up 0.9%

Shares of EUO stock traded up $0.27 on Monday, reaching $30.30. 8,497 shares of the stock were exchanged, compared to its average volume of 33,571. The firm has a 50 day moving average of $30.25 and a two-hundred day moving average of $29.74. ProShares UltraShort Euro has a 1-year low of $26.93 and a 1-year high of $31.13.

ProShares UltraShort Euro Company Profile

The ProShares UltraShort Euro (EUO) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides a -200% exposure to the daily performance of the EUR spot price against the US dollar as measured by Bloomberg. EUO was launched on Nov 25, 2008 and is managed by ProShares.