ProShares Ultra Gold (UGL) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares Ultra Gold shares that have been sold short but have not yet been closed out or covered. As of May 31st, investors have sold 263,700 shares of UGL short. 7.64% of ProShares Ultra Gold's shares are currently sold short. Learn More on ProShares Ultra Gold's current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of ProShares Ultra Gold: Jane Street Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 7.64% of ProShares Ultra Gold's floating shares are currently sold short.

ProShares Ultra Gold saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 263,700 shares, an increase of 75.8% from the previous total of 150,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

7.64% of ProShares Ultra Gold's shares are currently sold short. Here is how the short interest of companies compare to ProShares Ultra Gold: Franklin Responsibly Sourced Gold ETF (0.39%), abrdn Physical Gold Shares ETF (1.13%), ProShares UltraShort Gold (12.43%), MicroSectors Gold -3x Inverse Leveraged ETN (0.01%), DB Gold Double Short ETN (0.93%), DB Gold Short ETN (2.20%), GraniteShares Gold Trust (0.60%), VanEck Merk Gold ETF (0.70%), iShares Gold Trust Micro (0.57%), SPDR Gold MiniShares Trust (2.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($64.96 billion), Invesco QQQ ($27.88 billion), iShares Russell 2000 ETF ($19.94 billion), iShares 20+ Year Treasury Bond ETF ($9.69 billion), MicroStrategy Incorporated ($8.58 billion), SPDR S&P Biotech ETF ($5.72 billion), Invesco S&P 500 Equal Weight ETF ($5.45 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.70 billion), Charter Communications, Inc. ($4.54 billion), and Industrial Select Sector SPDR Fund ($4.49 billion). View all of the most shorted stocks.

Short selling UGL is an investing strategy that aims to generate trading profit from ProShares Ultra Gold as its price is falling. UGL shares are trading down $0.06 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for ProShares Ultra Gold occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of UGL, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including UGL, twice per month. The most recent reporting period available is May, 31 2025.