ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Sees Large Increase in Short Interest

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 4,835,259 shares, an increase of 196.9% from the February 26th total of 1,628,554 shares. Approximately 26.8% of the company’s stock are short sold. Based on an average trading volume of 24,105,922 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of ProShares Ultra Bloomberg Crude Oil

Several hedge funds and other institutional investors have recently made changes to their positions in UCO. Luminist Capital LLC purchased a new position in ProShares Ultra Bloomberg Crude Oil during the 2nd quarter worth $30,000. Flow Traders U.S. LLC raised its stake in ProShares Ultra Bloomberg Crude Oil by 202.7% in the second quarter. Flow Traders U.S. LLC now owns 32,267 shares of the exchange traded fund’s stock valued at $723,000 after buying an additional 21,609 shares during the last quarter. Two Sigma Securities LLC raised its stake in ProShares Ultra Bloomberg Crude Oil by 25.8% in the second quarter. Two Sigma Securities LLC now owns 13,583 shares of the exchange traded fund’s stock valued at $304,000 after buying an additional 2,785 shares during the last quarter. Corsicana & Co. acquired a new stake in ProShares Ultra Bloomberg Crude Oil in the third quarter worth about $45,000. Finally, Spire Wealth Management boosted its holdings in ProShares Ultra Bloomberg Crude Oil by 15.5% in the third quarter. Spire Wealth Management now owns 6,702 shares of the exchange traded fund’s stock worth $151,000 after acquiring an additional 900 shares in the last quarter.

ProShares Ultra Bloomberg Crude Oil Trading Up 3.6%

NYSEARCA:UCO traded up $1.44 during midday trading on Thursday, reaching $40.90. 10,659,335 shares of the stock traded hands, compared to its average volume of 8,796,069. ProShares Ultra Bloomberg Crude Oil has a 12-month low of $17.78 and a 12-month high of $44.25. The business has a 50-day moving average of $27.83 and a two-hundred day moving average of $23.32.

Key ProShares Ultra Bloomberg Crude Oil News

Here are the key news stories impacting ProShares Ultra Bloomberg Crude Oil this week:

• Positive Sentiment: Geopolitical risk from the U.S.–Iran conflict is keeping crude bids elevated; markets are pricing the risk of Strait of Hormuz disruptions which supports higher near‑term oil prices. Oil News: Crude Oil Analysis Signals Volatility Spike on Iran‑Trump Standoff
• Positive Sentiment: Market structure is showing tightness: futures are in backwardation, implying near‑term delivery premiums and reinforcing bullish sentiment for prompt crude — supportive for a 2x crude product like UCO. The oil market is in ‘backwardation’
• Positive Sentiment: Technical and short‑term momentum in WTI point higher — analysts flag key breakout levels that, if cleared, would extend the rally. That technical setup helps explain the ETF’s upward move. Crude Oil Price Forecast: Bulls Eye Higher Range
• Neutral Sentiment: Mixed diplomatic headlines are creating volatile chop — periodic hopes for talks have pulled prices down briefly, so swings are likely to continue and could amplify short‑term UCO moves in either direction. Oil Pushes Higher as Jittery Markets Doubt Prospect of Peace
• Neutral Sentiment: Supply dynamics are mixed: disruptions (Russia export capacity losses, Iraq export issues) support prices, while some producers/refineries are restarting and Venezuela production shows gains — net impact remains uncertain near term. Russia export capacity halted Valero prepares restart
• Negative Sentiment: Central banks’ coordinated hawkish shift raises recession risks and “higher‑for‑longer” rates could eventually curb oil demand; weaker macro growth would be negative for sustained crude gains (and thus UCO). The Fed Meeting Changed Everything
• Negative Sentiment: Rising oil costs have macro knock‑on risks: Goldman warns higher oil could sap hiring and raise unemployment, which would depress longer‑term fuel demand. That is a tail risk for prolonged crude rallies. Goldman: job losses from oil shock
• Negative Sentiment: U.S. commercial crude inventories have shown intermittent increases, offering a counterweight to upside and creating episodes of price pullbacks that will hurt leveraged long exposures. U.S. Crude Oil Stockpiles Rise

ProShares Ultra Bloomberg Crude Oil Company Profile

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.