ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY) Stock Price Up 8.4%

ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY)’s stock price rose 8.4% during mid-day trading on Wednesday . The company traded as high as $27.96 and last traded at $27.81, approximately 1,034,919 shares were traded during trading. An increase of 30% from the average daily volume of 797,271 shares. The stock had previously closed at $25.66.

The firm’s 50 day simple moving average is $24.07.

ProShares UltraPro Short Russell2000 Company Profile (NYSEARCA:SRTY)

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.

Further Reading: What is Call Option Volume?

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