ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Stock Short Interest Declines 96.3%

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,549 shares, a drop of 96.3% from the August 31st total of 41,638 shares. Based on an average trading volume of 37,329 shares, the short-interest ratio is currently 0.0 days. Approximately 0.2% of the shares of the company are sold short.

ProShares Short MSCI Emerging Markets Trading Up 0.7%

Shares of ProShares Short MSCI Emerging Markets stock traded up $0.11 on Thursday, reaching $15.58. 371,244 shares of the stock were exchanged, compared to its average volume of 119,357. ProShares Short MSCI Emerging Markets has a 1-year low of $15.01 and a 1-year high of $21.51. The business has a fifty day moving average price of $15.99 and a two-hundred day moving average price of $16.67.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets 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 global emerging markets countries. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -100% of the daily return of the MSCI Emerging Markets Index.