Short Interest in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Grows By 90.4%

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,628,554 shares, a growth of 90.4% from the February 12th total of 855,551 shares. Currently, 9.0% of the company’s stock are short sold. Based on an average daily volume of 3,482,827 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 3,482,827 shares, the days-to-cover ratio is currently 0.5 days. Currently, 9.0% of the company’s stock are short sold.

ProShares Ultra Bloomberg Crude Oil Trading Up 1.0%

Shares of ProShares Ultra Bloomberg Crude Oil stock traded up $0.39 on Friday, reaching $40.26. 16,598,576 shares of the company were exchanged, compared to its average volume of 7,736,862. ProShares Ultra Bloomberg Crude Oil has a one year low of $17.78 and a one year high of $40.80. The company has a 50-day moving average of $24.54 and a 200 day moving average of $22.36.

Key Stories Impacting ProShares Ultra Bloomberg Crude Oil

Here are the key news stories impacting ProShares Ultra Bloomberg Crude Oil this week:

• Positive Sentiment: U.S. strikes against Iran and continuing closure risks around the Strait of Hormuz are driving oil to new highs, supporting further upside in leveraged crude plays like UCO. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As U.S. Intensifies Strikes Against Iran
• Positive Sentiment: Ongoing war-related headline risk is keeping crude volatile and bid; traders are reacting to fresh incidents and escalation, a pattern that typically boosts short-term demand for crude‑leveraged ETFs. Crude Oil Price Analysis – Crude Oil Continues to React to War
• Positive Sentiment: The IEA warns the Middle East conflict is causing the largest-ever oil supply disruption — a structural support for higher long-dated crude prices that favors UCO’s leveraged exposure. World faces largest-ever oil supply disruption on Middle East war, IEA says
• Positive Sentiment: Goldman Sachs and other forecasters have raised medium‑term Brent/WTI price outlooks on a longer Strait‑of‑Hormuz disruption, implying continued tailwinds for oil‑linked ETFs. Goldman Sachs raises Q4 Brent, WTI crude price forecast amid longer Hormuz disruption
• Neutral Sentiment: Stocks show intermittent resilience as oil briefly dips below $100, suggesting episodes of profit-taking or rotation that could cap short-term gains for UCO. Dow Jones set to lead recovery as oil dips below $100
• Neutral Sentiment: A stronger U.S. dollar and higher Treasury yields (safe‑haven flows) can temper commodity rallies and make leveraged oil ETFs choppier even while headline risk pushes prices up. US Dollar Forecast: DXY Breaks Higher as Oil Surge and Iran Tensions Boost Demand
• Negative Sentiment: The U.S. issued a temporary license allowing countries to buy Russian crude stranded at sea — a move that eased supply concerns and pushed oil lower, which can weaken UCO if the relief continues. Oil drops after US issues license for countries to buy Russian oil stranded at sea for 30 days
• Negative Sentiment: Large SPR releases (U.S. announced 172 million barrels) and technical corrections have intermittently eased immediate price pressure; such policy moves can reduce the magnitude of short-term rallies in UCO. US to release 172 million barrels of oil from strategic petroleum reserve Oil Prices Edge Lower on Likely Technical Correction

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Baker Avenue Asset Management LP increased its stake in shares of ProShares Ultra Bloomberg Crude Oil by 52.8% during the 4th quarter. Baker Avenue Asset Management LP now owns 115,750 shares of the exchange traded fund’s stock worth $2,236,000 after purchasing an additional 40,000 shares during the last quarter. Corient Private Wealth LLC bought a new position in ProShares Ultra Bloomberg Crude Oil during the fourth quarter worth about $859,000. Flow Traders U.S. LLC grew its holdings in ProShares Ultra Bloomberg Crude Oil by 202.7% during the second quarter. Flow Traders U.S. LLC now owns 32,267 shares of the exchange traded fund’s stock worth $723,000 after purchasing an additional 21,609 shares during the period. Headlands Technologies LLC acquired a new position in ProShares Ultra Bloomberg Crude Oil during the fourth quarter worth approximately $397,000. Finally, Spire Wealth Management raised its stake in ProShares Ultra Bloomberg Crude Oil by 180.5% in the fourth quarter. Spire Wealth Management now owns 18,802 shares of the exchange traded fund’s stock valued at $363,000 after buying an additional 12,100 shares during the period.

ProShares Ultra Bloomberg Crude Oil Company Profile

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.