ProShares UltraShort Yen (NYSEARCA:YCS) Trading 0.3% Higher – What’s Next?

ProShares UltraShort Yen (NYSEARCA:YCSGet Free Report) were up 0.3% on Tuesday . The stock traded as high as $57.91 and last traded at $57.90. Approximately 7,701 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 31,228 shares. The stock had previously closed at $57.71.

ProShares UltraShort Yen Stock Up 0.3%

The business’s 50 day simple moving average is $55.65 and its 200-day simple moving average is $53.37.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares UltraShort Yen stock. Jane Street Group LLC purchased a new position in ProShares UltraShort Yen (NYSEARCA:YCSFree Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 11,120 shares of the company’s stock, valued at approximately $566,000. Jane Street Group LLC owned about 1.85% of ProShares UltraShort Yen as of its most recent SEC filing.

ProShares UltraShort Yen Company Profile

(Get Free Report)

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.

Further Reading

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