ProShares Ultra High Yield (NYSEARCA:UJB) Short Interest Down 44.5% in January
by Teresa Graham · The Cerbat GemProShares Ultra High Yield (NYSEARCA:UJB – Get Free Report) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 71 shares, a decline of 44.5% from the January 15th total of 128 shares. Based on an average daily volume of 7,989 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 7,989 shares, the short-interest ratio is presently 0.0 days.
ProShares Ultra High Yield Stock Performance
UJB traded up $0.10 during trading on Friday, hitting $79.80. 515 shares of the company’s stock were exchanged, compared to its average volume of 8,191. The business’s 50 day moving average is $79.32 and its two-hundred day moving average is $78.43. ProShares Ultra High Yield has a fifty-two week low of $66.66 and a fifty-two week high of $80.09.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Jane Street Group LLC bought a new position in shares of ProShares Ultra High Yield during the 4th quarter valued at $537,000. CWM LLC increased its position in ProShares Ultra High Yield by 244.8% during the 4th quarter. CWM LLC now owns 331 shares of the company’s stock valued at $26,000 after buying an additional 235 shares in the last quarter. Susquehanna International Group LLP purchased a new position in ProShares Ultra High Yield in the third quarter worth about $217,000. Finally, Citadel Advisors LLC lifted its holdings in shares of ProShares Ultra High Yield by 20.1% during the third quarter. Citadel Advisors LLC now owns 5,017 shares of the company’s stock valued at $392,000 after purchasing an additional 840 shares in the last quarter.
About ProShares Ultra High Yield
The ProShares Ultra High Yield (UJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years. UJB was launched on Apr 13, 2011 and is managed by ProShares.