ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) Short Interest Update

ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,654 shares, a drop of 61.5% from the June 15th total of 4,298 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 6,882 shares, the short-interest ratio is currently 0.2 days.

ProShares UltraPro MidCap 400 Price Performance

ProShares UltraPro MidCap 400 stock opened at $35.37 on Monday. ProShares UltraPro MidCap 400 has a 52-week low of $21.52 and a 52-week high of $37.66. The company has a market cap of $32.89 million, a P/E ratio of 13.00 and a beta of 3.03. The business has a 50-day simple moving average of $34.48 and a two-hundred day simple moving average of $31.05.

Institutional Trading of ProShares UltraPro MidCap 400

A hedge fund recently bought a new position in ProShares UltraPro MidCap 400 stock. Susquehanna International Group LLP acquired a new stake in shares of ProShares UltraPro MidCap 400 (NYSEARCA:UMDD) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 20,843 shares of the company’s stock, valued at approximately $531,000. Susquehanna International Group LLP owned 1.86% of ProShares UltraPro MidCap 400 at the end of the most recent reporting period.

About ProShares UltraPro MidCap 400

ProShares UltraPro MidCap400 (the Fund), seeks daily investment results, which correspond to triple (300%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float. The investment adviser of the Fund is ProShare Advisors LLC .