ProShares Short MSCI EAFE (NYSEARCA:EFZ – Get Free Report) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 397 shares, a drop of 42.3% from the September 30th total of 688 shares. Based on an average daily volume of 12,907 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.
Institutional Trading of ProShares Short MSCI EAFE
A number of hedge funds have recently modified their holdings of EFZ. Citadel Advisors LLC purchased a new stake in shares of ProShares Short MSCI EAFE in the second quarter worth approximately $214,000. Susquehanna International Group LLP increased its holdings in shares of ProShares Short MSCI EAFE by 40.3% during the 2nd quarter. Susquehanna International Group LLP now owns 28,599 shares of the company’s stock valued at $657,000 after acquiring an additional 8,218 shares during the last quarter. Finally, Hamilton Wealth LLC bought a new position in shares of ProShares Short MSCI EAFE in the first quarter valued at approximately $314,000.
ProShares Short MSCI EAFE Price Performance
Shares of NYSEARCA EFZ traded down $0.10 during trading on Monday, hitting $23.13. The company had a trading volume of 96,756 shares, compared to its average volume of 27,568. The business’s 50-day moving average is $22.82 and its 200 day moving average is $23.49. ProShares Short MSCI EAFE has a 52 week low of $21.94 and a 52 week high of $27.28.
ProShares Short MSCI EAFE Company Profile
ProShares Short MSCI EAFE (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group, in developed market countries, excluding the United States and Canada. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -100% of the daily return of the MSCI EAFE Index.
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