ProShares UltraShort Yen (NYSEARCA:YCS – Get Free Report) traded up 2.3% on Tuesday . The company traded as high as $76.03 and last traded at $76.03. 52,443 shares changed hands during trading, an increase of 182% from the average session volume of 18,580 shares. The stock had previously closed at $74.35.
ProShares UltraShort Yen Trading Up 2.3 %
The company’s fifty day moving average price is $82.17 and its 200-day moving average price is $85.24.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in ProShares UltraShort Yen stock. Brookstone Capital Management purchased a new stake in shares of ProShares UltraShort Yen (NYSEARCA:YCS – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,106 shares of the company’s stock, valued at approximately $368,000. Brookstone Capital Management owned approximately 0.92% of ProShares UltraShort Yen at the end of the most recent reporting period.
About ProShares UltraShort Yen
The ProShares UltraShort Yen (YCS) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x inverse multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCS was launched on Nov 25, 2008 and is managed by ProShares.
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