ProShares UltraShort MSCI Japan (NYSEARCA:EWV) Trading Up 4.3%

ProShares UltraShort MSCI Japan (NYSEARCA:EWV) were up 4.3% during trading on Monday . The stock traded as high as $29.84 and last traded at $30.79, approximately 14,901 shares traded hands during trading. An increase of 237% from the average daily volume of 4,416 shares. The stock had previously closed at $29.52.

The firm’s fifty day simple moving average is $28.79.

A hedge fund recently raised its stake in ProShares UltraShort MSCI Japan stock. Virtu Financial LLC increased its holdings in ProShares UltraShort MSCI Japan (NYSEARCA:EWV) by 52.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,946 shares of the company’s stock after acquiring an additional 10,996 shares during the period. Virtu Financial LLC owned about 14.20% of ProShares UltraShort MSCI Japan worth $936,000 at the end of the most recent reporting period.

ProShares UltraShort MSCI Japan Company Profile (NYSEARCA:EWV)

ProShares UltraShort MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Japan Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in Japan.

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