Short Interest in ProShares Ultra Euro (NYSEARCA:ULE) Drops By 26.3%

ProShares Ultra Euro (NYSEARCA:ULE) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 23,289 shares, a drop of 26.3% from the December 15th total of 31,587 shares. Currently, 5.2% of the shares of the stock are sold short. Based on an average daily volume of 10,094 shares, the short-interest ratio is presently 2.3 days. Based on an average daily volume of 10,094 shares, the short-interest ratio is presently 2.3 days. Currently, 5.2% of the shares of the stock are sold short.

ProShares Ultra Euro Stock Down 0.2%

Shares of ULE stock traded down $0.03 on Friday, reaching $12.82. 2,547 shares of the company were exchanged, compared to its average volume of 9,204. ProShares Ultra Euro has a 1 year low of $10.17 and a 1 year high of $13.64. The business has a 50-day moving average price of $12.99 and a 200 day moving average price of $13.03.

ProShares Ultra Euro Company Profile

The ProShares Ultra Euro (ULE) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides 2x the daily performance of the euro spot price against the US dollar. ULE was launched on Nov 25, 2008 and is managed by ProShares.