ProShares Ultra Yen (NYSEARCA:YCL) Short Interest Update

ProShares Ultra Yen (NYSEARCA:YCL) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 14,423 shares, a decrease of 54.0% from the December 15th total of 31,377 shares. Based on an average daily trading volume, of 68,044 shares, the short-interest ratio is presently 0.2 days. Approximately 0.6% of the shares of the stock are short sold. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 68,044 shares, the short-interest ratio is presently 0.2 days.

ProShares Ultra Yen Stock Down 0.1%

Shares of YCL stock opened at $18.57 on Friday. The stock’s fifty day simple moving average is $19.28 and its 200 day simple moving average is $20.81. ProShares Ultra Yen has a one year low of $18.47 and a one year high of $24.90.

Institutional Investors Weigh In On ProShares Ultra Yen

A hedge fund recently raised its stake in ProShares Ultra Yen stock. Jane Street Group LLC boosted its position in shares of ProShares Ultra Yen (NYSEARCA:YCL) by 19.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 91,823 shares of the company’s stock after buying an additional 14,660 shares during the quarter. Jane Street Group LLC owned approximately 3.53% of ProShares Ultra Yen worth $2,010,000 as of its most recent SEC filing.

About ProShares Ultra Yen

The ProShares Ultra Yen (YCL) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCL was launched on Nov 24, 2008 and is managed by ProShares.