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 June 30th, investors have sold 8,830,000 shares of UGL short. 4.12% of ProShares Ultra Gold's shares are currently sold short. Learn More on ProShares Ultra Gold's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. UGL shares currently have a short interest ratio of 4.0. Learn More on ProShares Ultra Gold's short interest ratio.

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. 4.12% of ProShares Ultra Gold's floating shares are currently sold short.

ProShares Ultra Gold saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 8,830,000 shares, an increase of 702.7% from the previous total of 1,100,000 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.

ProShares Ultra Gold currently has issued a total of 14,250,000 shares. Some of ProShares Ultra Gold's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. ProShares Ultra Gold currently has a public float of 214,200,000 shares.

4.12% 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 (0.56%), ProShares UltraShort Gold (9.15%), abrdn Physical Gold Shares ETF (0.98%), MicroSectors Gold -3x Inverse Leveraged ETN (0.82%), DB Gold Double Short ETN (0.50%), DB Gold Short ETN (1.42%), GraniteShares Gold Trust (1.02%), VanEck Merk Gold ETF (0.66%), iShares Gold Trust Micro (0.08%), SPDR Gold MiniShares Trust (1.40%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($72.10 billion), Invesco QQQ ($26.89 billion), iShares Russell 2000 ETF ($19.61 billion), MicroStrategy Incorporated ($9.52 billion), iShares 20+ Year Treasury Bond ETF ($8.70 billion), WD-40 Company ($7.66 billion), Technology Select Sector SPDR Fund ($6.10 billion), Invesco S&P 500 Equal Weight ETF ($5.80 billion), Invesco S&P 500 Top 50 ETF ($5.53 billion), and Vanguard Large-Cap ETF ($5.35 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 up $0.31 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 June, 30 2025.