ETF Daily News: Wednesday, May 16th ETF Movers (TLL, CVOL, PSTL, GAZ)

In trading on Wednesday, the ProShares UltraShort Telecommunications (NYSEARCA:TLL) is outperforming other ETFs, up about 6.13% on the day. Also up on the day is the C-Tracks Citi Volatility Index TR ETN (NYSEARCA:CVOL) up 5.95%.

And underperforming other ETFs today is the PowerShares Global Steel (NASDAQ:PSTL), off about 6.80% in Wednesday afternoon trading. Also down on the day is the iPath DJ-UBS Natural Gas TR Sub-Idx ETN (NYSEARCA:GAZ) down 5.88%.

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