ProShares Ultra Materials (NYSEARCA:UYM) Shares Shorted: Short Interest Down 67.2% in October

Posted by Doug Wharley on Oct 30th, 2026

ProShares Ultra Materials (NYSEARCA:UYM – Get Free Report) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,770 shares, a drop of 67.2% from the September 30th total of 8,458 shares. Based on an average daily trading volume, of 4,982 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Ultra Materials stock. Toth Financial Advisory Corp purchased a new position in shares of ProShares Ultra Materials (NYSEARCA:UYM – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,200 shares of the company’s stock, valued at approximately $32,000. Toth Financial Advisory Corp owned 0.10% of ProShares Ultra Materials as of its most recent filing with the Securities and Exchange Commission.

ProShares Ultra Materials Trading Up 1.1%

NYSEARCA UYM traded up $0.34 on Friday, hitting $31.31. 2,407 shares of the company’s stock traded hands, compared to its average volume of 14,756. The firm’s 50-day moving average price is $29.41 and its two-hundred day moving average price is $30.08. The firm has a market capitalization of $39.45 million, a PE ratio of 22.90 and a beta of 1.88. ProShares Ultra Materials has a 1-year low of $21.34 and a 1-year high of $34.54.

ProShares Ultra Materials Company Profile

(Get Free Report)

ProShares Ultra Basic Materials ETF (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Basic Materials Index (the Index). The Index measures the performance of the basic materials industry of the United States equity market. Component companies are involved in the production of aluminum, steel, non-ferrous metals, commodity chemicals, specialty chemicals, forest products, paper products, as well as the mining of precious metals and coal.