ProShares UltraShort Yen (NYSEARCA:YCS – Get Free Report)’s share price fell 0.1% during trading on Friday . The company traded as low as $50.16 and last traded at $50.35. 25,499 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 30,697 shares. The stock had previously closed at $50.39.
ProShares UltraShort Yen Price Performance
The stock has a 50-day moving average price of $47.62 and a 200 day moving average price of $44.52.
Hedge Funds Weigh In On ProShares UltraShort Yen
Large investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. purchased a new position in ProShares UltraShort Yen during the third quarter valued at $50,000. Nkcfo LLC purchased a new position in ProShares UltraShort Yen in the 3rd quarter valued at about $1,002,000. Finally, Mutual Advisors LLC purchased a new position in ProShares UltraShort Yen in the 3rd quarter valued at about $3,156,000.
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.
Featured Stories
- Five stocks we like better than ProShares UltraShort Yen
- How Can Investors Benefit From After-Hours Trading
- Worried About Inflation? These 3 ETFs Offer Real Protection
- Using the MarketBeat Dividend Yield Calculator
- Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally
- Why Are Stock Sectors Important to Successful Investing?
- Klarna’s Crypto Play: A Plan to Fix Its Profit Problem
Receive News & Ratings for ProShares UltraShort Yen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Yen and related companies with MarketBeat.com's FREE daily email newsletter.
