ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY) Trading Down 6.4%

ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY)’s stock price were down 6.4% during trading on Friday . The stock traded as low as $26.20 and last traded at $26.32, approximately 608,130 shares were traded during trading. A decline of 24% from the average daily volume of 794,994 shares. The stock had previously closed at $28.11.

The firm’s fifty day moving average is $24.15 and its 200 day moving average is $24.90.

An institutional investor recently bought a new position in ProShares UltraPro Short Russell2000 stock. IMC Chicago LLC bought a new position in ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 16,977 shares of the exchange traded fund’s stock, valued at approximately $397,000. IMC Chicago LLC owned approximately 0.65% of ProShares UltraPro Short Russell2000 at the end of the most recent reporting period.

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.

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