ProShares UltraShort Consumer Staples (NYSEARCA:SZK – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 1,277 shares, a decline of 58.3% from the October 15th total of 3,060 shares. Currently, 2.6% of the shares of the company are sold short. Based on an average daily volume of 3,428 shares, the short-interest ratio is currently 0.4 days.
ProShares UltraShort Consumer Staples Stock Performance
NYSEARCA SZK opened at $17.01 on Friday. ProShares UltraShort Consumer Staples has a 52 week low of $16.62 and a 52 week high of $26.98. The company has a 50-day moving average price of $20.17 and a two-hundred day moving average price of $21.19.
ProShares UltraShort Consumer Staples Company Profile
ProShares UltraShort Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.
See Also
- Five stocks we like better than ProShares UltraShort Consumer Staples
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Receive News & Ratings for ProShares UltraShort Consumer Staples Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Consumer Staples and related companies with MarketBeat.com's FREE daily email newsletter.
