ProShares Ultra S&P500 (ETF) (NYSE:SSO) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 991,001 shares, a decline of 35.5% from the October 14th total of 1,536,616 shares. Based on an average daily volume of 2,436,618 shares, the short-interest ratio is currently 0.4 days.

ProShares Ultra S&P500 (NYSE:SSO) opened at 73.59 on Thursday. ProShares Ultra S&P500 has a 52-week low of $49.31 and a 52-week high of $73.65. The company’s 50-day moving average is $69.82 and its 200-day moving average is $68.87.

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About ProShares Ultra S&P500 (ETF)

ProShares Ultra S&P500 (the Fund), formerly Ultra S&P500 ProShares, seeks daily investment results that correspond to twice (200%) the daily performance of the S&P 500 Index. The S&P 500 Index is a measure of large-cap United States stock market performance. It is a float-adjusted market capitalization weighted index of 500 United States operating companies and real estate investment trusts (REITs) selected by the S&P U.S.

5 Day Chart for NYSE:SSO

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