ProShares Ultra Silver (NYSEARCA:AGQ) was the target of a significant decrease in short interest in the month of December. As of December 29th, there was short interest totalling 215,970 shares, a decrease of 67.3% from the December 15th total of 660,977 shares. Based on an average daily trading volume, of 154,587 shares, the days-to-cover ratio is currently 1.4 days.
Shares of ProShares Ultra Silver (AGQ) traded up $1.17 during midday trading on Wednesday, hitting $33.30. The stock had a trading volume of 192,971 shares, compared to its average volume of 173,883. ProShares Ultra Silver has a twelve month low of $28.47 and a twelve month high of $42.82.
An institutional investor recently raised its position in ProShares Ultra Silver stock. Virtu Financial LLC increased its stake in shares of ProShares Ultra Silver (NYSEARCA:AGQ) by 230.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 38,113 shares of the exchange traded fund’s stock after acquiring an additional 26,579 shares during the period. Virtu Financial LLC owned 0.54% of ProShares Ultra Silver worth $1,290,000 as of its most recent filing with the SEC.
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ProShares Ultra Silver Company Profile
ProShares Ultra Silver (the Fund) seeks to provide daily investment results that correspond to twice (200%) the daily performance as measured by the United States dollar fixing price for delivery in London. The Fund will not directly or physically hold the underlying silver, but instead will seek exposure to silver through the use of financial instruments, whose value is based on the underlying price of silver to pursue their investment objective.
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