ProShares UltraShort Yen (NYSEARCA:YCS – Get Free Report)’s stock price rose 0.3% during mid-day trading on Friday . The company traded as high as $53.88 and last traded at $53.88. Approximately 6,387 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 33,212 shares. The stock had previously closed at $53.70.
ProShares UltraShort Yen Stock Up 0.3%
The business has a 50-day moving average of $53.30 and a 200-day moving average of $51.46.
Hedge Funds Weigh In On ProShares UltraShort Yen
A number of institutional investors have recently bought and sold shares of the business. Nkcfo LLC increased its position in ProShares UltraShort Yen by 284.1% during the fourth quarter. Nkcfo LLC now owns 86,325 shares of the company’s stock worth $4,394,000 after buying an additional 63,850 shares during the last quarter. Mutual Advisors LLC acquired a new position in ProShares UltraShort Yen during the third quarter worth approximately $3,156,000. Jane Street Group LLC acquired a new position in ProShares UltraShort Yen during the fourth quarter worth approximately $566,000. Finally, FNY Investment Advisers LLC acquired a new position in ProShares UltraShort Yen during the third quarter worth approximately $236,000.
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
- Palantir and Dell Build an AI OS for the Paranoid
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
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.
