ProShares Ultra Industrials (NYSEARCA:UXI) Short Interest Update

ProShares Ultra Industrials (NYSEARCA:UXI) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,955 shares, an increase of 191.7% from the May 31st total of 1,356 shares. Based on an average daily trading volume, of 1,802 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.7% of the company’s shares are short sold.

ProShares Ultra Industrials Trading Down 2.8%

Shares of UXI traded down $1.78 on Friday, reaching $60.85. 7,006 shares of the company’s stock were exchanged, compared to its average volume of 6,422. The stock has a market capitalization of $34.08 million, a P/E ratio of 24.50 and a beta of 2.05. The business has a 50 day moving average price of $56.78 and a two-hundred day moving average price of $53.87. ProShares Ultra Industrials has a 12 month low of $41.49 and a 12 month high of $64.19.

Institutional Trading of ProShares Ultra Industrials

A hedge fund recently raised its stake in ProShares Ultra Industrials stock. IMC Chicago LLC lifted its stake in ProShares Ultra Industrials (NYSEARCA:UXI) by 68.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 48,987 shares of the company’s stock after purchasing an additional 19,898 shares during the period. IMC Chicago LLC owned 8.75% of ProShares Ultra Industrials worth $2,418,000 at the end of the most recent quarter.

ProShares Ultra Industrials Company Profile

ProShares Ultra Industrials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones United States Industrials Index. The Dow Jones United States Industrials Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land-transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.