ProShares UltraShort Silver (NYSEARCA:ZSL) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $31.42. ProShares UltraShort Silver shares last traded at $30.75, with a volume of 7,565 shares trading hands.
The company’s fifty day moving average price is $35.51.
About ProShares UltraShort Silver (NYSEARCA:ZSL)
ProShares UltraShort Silver (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of silver bullion as measured by the United States dollar fixing price for delivery in London. The Fund will not directly or physically hold the underlying silver, but instead will seek exposure to silver through the use of financial instruments, whose value is based on the underlying price of silver to pursue their investment objective.
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