ProShares Short Oil & Gas (NYSEARCA:DDG) shares dropped 0.5% during trading on Tuesday . The stock traded as low as $26.03 and last traded at $26.03, approximately 600 shares changed hands during trading. A decline of 61% from the average daily volume of 1,531 shares. The stock had previously closed at $26.17.
The firm has a 50 day simple moving average of $25.95 and a 200 day simple moving average of $25.81.
About ProShares Short Oil & Gas (NYSEARCA:DDG)
ProShares Short Oil & Gas (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Oil & Gas Index. The Index measures the performance of the energy sector of the United States equity market. Component companies include oil drilling equipment and services, coal, oil companies-major, oil companies-secondary, pipelines, liquid, solid or gaseous fossil fuel producers and service companies.
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