ProShares Ultra FTSE China 50 (NYSEARCA:XPP – Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 13,447 shares, a growth of 63.0% from the August 15th total of 8,248 shares. Based on an average daily volume of 2,645 shares, the short-interest ratio is currently 5.1 days. Approximately 3.3% of the company’s stock are sold short.
ProShares Ultra FTSE China 50 Stock Down 2.8%
XPP stock opened at $19.21 on Thursday. The business has a 50 day moving average of $20.83 and a 200 day moving average of $21.41. ProShares Ultra FTSE China 50 has a twelve month low of $16.57 and a twelve month high of $31.79.
About ProShares Ultra FTSE China 50
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