ProShares UltraShort Yen (NYSEARCA:YCS – Get Free Report) dropped 0.7% during mid-day trading on Tuesday . The company traded as low as $46.63 and last traded at $46.85. Approximately 10,850 shares changed hands during trading, a decline of 18% from the average daily volume of 13,171 shares. The stock had previously closed at $47.16.
ProShares UltraShort Yen Trading Down 0.7 %
The firm has a fifty day moving average price of $45.94 and a 200-day moving average price of $43.51.
ProShares UltraShort Yen Company Profile
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.
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