ProShares Short FTSE China 50 (NYSEARCA:YXI) Short Interest Up 109.9% in January

ProShares Short FTSE China 50 (NYSEARCA:YXI) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 13,258 shares, a growth of 109.9% from the December 31st total of 6,315 shares. Approximately 8.3% of the company’s stock are short sold. Based on an average daily volume of 48,532 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 48,532 shares, the days-to-cover ratio is currently 0.3 days. Approximately 8.3% of the company’s stock are short sold.

ProShares Short FTSE China 50 Price Performance

Shares of NYSEARCA YXI traded up $0.53 during midday trading on Friday, reaching $19.69. The company’s stock had a trading volume of 16,487 shares, compared to its average volume of 29,574. The firm has a 50 day moving average price of $20.00 and a 200-day moving average price of $13.66. ProShares Short FTSE China 50 has a 12-month low of $18.85 and a 12-month high of $28.00.

ProShares Short FTSE China 50 Company Profile

ProShares Short FTSE China 50 (the Fund) is an exchange-traded fund. The Fund seeks investment results for a single day. The return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse (-1x) of the return of the FTSE China 50 Index (the Index) for that period. The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.