ProShares Ultra Communication Services Select Sector (BATS:XCOM) Shares Shorted: Short Interest Down 95.7% in September

ProShares Ultra Communication Services Select Sector (BATS:XCOM – Get Free Report) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 35 shares, a drop of 95.7% from the September 15th total of 810 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 511 shares, the days-to-cover ratio is presently 0.1 days.

ProShares Ultra Communication Services Select Sector Trading Down 0.1%

Shares of BATS XCOM traded down $0.03 during trading on Friday, reaching $27.80. The stock had a trading volume of 24 shares, compared to its average volume of 458. ProShares Ultra Communication Services Select Sector has a fifty-two week low of $18.98 and a fifty-two week high of $29.48. The business’s 50-day moving average price is $25.99 and its 200-day moving average price is $37.57.

About ProShares Ultra Communication Services Select Sector

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Xtera Communications, Inc engages in the provision of optical transport solutions. Its products include NXT and Nu-Wave Optima configuration. The company was founded by Mohammed Islam, Robert A. Lundy, and Hayden H. Harris in 1998 and is headquartered in Allen, TX.

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