ProShares Ultra Communication Services Select Sector (BATS:XCOM) Stock Short Interest Falls 40.0%

ProShares Ultra Communication Services Select Sector (BATS:XCOM – Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 21 shares, a decrease of 40.0% from the September 30th total of 35 shares. Based on an average daily volume of 568 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are sold short.

ProShares Ultra Communication Services Select Sector Stock Down 0.9%

XCOM stock opened at $28.59 on Friday. ProShares Ultra Communication Services Select Sector has a 12 month low of $18.98 and a 12 month high of $29.59. The firm’s 50-day moving average is $27.62 and its 200 day moving average is $42.70.

About ProShares Ultra Communication Services Select Sector

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Xtera Communications, Inc engages in the provision of optical transport solutions. Its products include NXT and Nu-Wave Optima configuration. The company was founded by Mohammed Islam, Robert A. Lundy, and Hayden H. Harris in 1998 and is headquartered in Allen, TX.

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