ProShares Ultra Communication Services Select Sector (BATS:XCOM) Short Interest Update

ProShares Ultra Communication Services Select Sector (BATS:XCOM) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 35 shares, a decline of 95.7% from the September 15th total of 810 shares. Based on an average daily trading volume, of 511 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.

ProShares Ultra Communication Services Select Sector Trading Down 0.1%

BATS:XCOM traded down $0.03 during trading hours on Friday, reaching $27.80. 24 shares of the stock were exchanged, compared to its average volume of 458. The firm has a 50 day simple moving average of $25.99 and a 200-day simple moving average of $37.57. ProShares Ultra Communication Services Select Sector has a 52 week low of $18.98 and a 52 week high of $29.48.

ProShares Ultra Communication Services Select Sector Company Profile

Xtera Communications, Inc engages in the provision of optical transport solutions. Its products include NXT and Nu-Wave Optima configuration. The company was founded by Mohammed Islam, Robert A. Lundy, and Hayden H. Harris in 1998 and is headquartered in Allen, TX.