ProShares UltraShort Yen (NYSEARCA:YCS – Get Free Report)’s stock price rose 0.5% during trading on Monday. The company traded as high as $54.61 and last traded at $54.57. Approximately 10,584 shares were traded during trading, a decline of 61% from the average daily volume of 26,796 shares. The stock had previously closed at $54.30.
ProShares UltraShort Yen Stock Performance
The firm has a 50 day moving average price of $53.94 and a two-hundred day moving average price of $53.65.
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.
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