Short Interest in ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) Grows By 117.2%

ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 10,504 shares, an increase of 117.2% from the February 12th total of 4,837 shares. Based on an average daily trading volume, of 7,375 shares, the short-interest ratio is currently 1.4 days. Approximately 8.8% of the shares of the stock are short sold. Approximately 8.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,375 shares, the short-interest ratio is currently 1.4 days.

ProShares Ultra MSCI Brazil Capped Price Performance

Shares of ProShares Ultra MSCI Brazil Capped stock opened at $35.93 on Thursday. The company’s 50-day moving average price is $34.32 and its 200-day moving average price is $28.00. ProShares Ultra MSCI Brazil Capped has a 12-month low of $14.00 and a 12-month high of $40.24.

About ProShares Ultra MSCI Brazil Capped

ProShares Ultra MSCI Brazil Capped, formerly ProShares Ultra MSCI Brazil, seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Brazil Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index is divided into large- and mid-cap segments. The Fund invests in common stock issued by public companies. The Fund may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and New York Shares (NYSs).