Short Interest in ProShares Ultra MSCI EAFE (NYSEARCA:EFO) Declines By 50.8%

by · The Cerbat Gem

ProShares Ultra MSCI EAFE (NYSEARCA:EFO – Get Free Report) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 5,957 shares, a decline of 50.8% from the February 12th total of 12,108 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average trading volume of 12,200 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 12,200 shares, the short-interest ratio is presently 0.5 days. Currently, 1.4% of the company’s stock are short sold.

ProShares Ultra MSCI EAFE Trading Down 3.0%

Shares of NYSEARCA EFO traded down $1.99 during mid-day trading on Thursday, reaching $64.52. 9,874 shares of the company were exchanged, compared to its average volume of 10,145. ProShares Ultra MSCI EAFE has a 1 year low of $36.53 and a 1 year high of $76.50. The firm has a 50-day moving average of $70.35 and a 200 day moving average of $64.04.

Institutional Trading of ProShares Ultra MSCI EAFE

Several hedge funds have recently modified their holdings of EFO. Discipline Wealth Solutions LLC purchased a new position in shares of ProShares Ultra MSCI EAFE in the 3rd quarter worth approximately $4,183,000. Susquehanna International Group LLP purchased a new stake in ProShares Ultra MSCI EAFE during the third quarter valued at approximately $515,000. Osaic Holdings Inc. purchased a new stake in ProShares Ultra MSCI EAFE during the second quarter valued at approximately $55,000. Finally, Jane Street Group LLC acquired a new stake in ProShares Ultra MSCI EAFE in the second quarter valued at approximately $256,000.

ProShares Ultra MSCI EAFE Company Profile

(Get Free Report)

ProShares Ultra MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) 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 developed market countries, excluding the United States and Canada. The MSCI EAFE Index consists of 21 developed market country indexes, including Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.

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