ProShares Ultra Euro (NYSEARCA:ULE – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 18,250 shares, an increase of 421.1% from the September 30th total of 3,502 shares. Based on an average daily volume of 9,529 shares, the days-to-cover ratio is presently 1.9 days. Approximately 6.1% of the shares of the company are short sold.
ProShares Ultra Euro Trading Down 0.7%
ULE opened at $11.76 on Tuesday. ProShares Ultra Euro has a twelve month low of $11.67 and a twelve month high of $13.89. The company’s 50-day moving average price is $12.37 and its two-hundred day moving average price is $12.71.
About ProShares Ultra Euro
The ProShares Ultra Euro (ULE) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides 2x the daily performance of the euro spot price against the US dollar. ULE was launched on Nov 25, 2008 and is managed by ProShares.
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