Shares of ProShares UltraShort Russell2000 (NYSEARCA:TWM – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.88 and traded as low as $9.00. ProShares UltraShort Russell2000 shares last traded at $9.19, with a volume of 9,745,999 shares.
ProShares UltraShort Russell2000 Stock Performance
The firm’s fifty day simple moving average is $9.88 and its 200 day simple moving average is $10.76.
Institutional Trading of ProShares UltraShort Russell2000
An institutional investor recently bought a new position in ProShares UltraShort Russell2000 stock. Headlands Technologies LLC acquired a new position in ProShares UltraShort Russell2000 (NYSEARCA:TWM – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,628 shares of the company’s stock, valued at approximately $49,000. Headlands Technologies LLC owned approximately 0.09% of ProShares UltraShort Russell2000 as of its most recent SEC filing.
About ProShares UltraShort Russell2000
ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.
Read More
- Five stocks we like better than ProShares UltraShort Russell2000
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- Investing in Commodities: What Are They? How to Invest in Them
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- The 3 Best Blue-Chip Stocks to Buy Now
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for ProShares UltraShort Russell2000 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Russell2000 and related companies with MarketBeat.com's FREE daily email newsletter.
