ProShares Short FTSE China 50 (NYSEARCA:YXI) Sees Significant Drop in Short Interest

ProShares Short FTSE China 50 (NYSEARCA:YXI) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 6,315 shares, a decline of 55.2% from the December 15th total of 14,101 shares. Based on an average daily trading volume, of 52,593 shares, the short-interest ratio is currently 0.1 days. Approximately 3.9% of the shares of the stock are short sold. Approximately 3.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 52,593 shares, the short-interest ratio is currently 0.1 days.

ProShares Short FTSE China 50 Price Performance

Shares of NYSEARCA:YXI opened at $19.49 on Friday. ProShares Short FTSE China 50 has a 12 month low of $18.85 and a 12 month high of $28.00. The company has a 50-day moving average price of $18.26 and a 200 day moving average price of $12.98.

About ProShares Short FTSE China 50

ProShares Short FTSE China 50 (the Fund) is an exchange-traded fund. The Fund seeks investment results for a single day. The return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse (-1x) of the return of the FTSE China 50 Index (the Index) for that period. The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.