Shares of ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO – Get Free Report) traded down 0.4% on Tuesday . The company traded as low as $18.03 and last traded at $18.33. 674,659 shares were traded during trading, a decline of 64% from the average session volume of 1,894,251 shares. The stock had previously closed at $18.40.
ProShares UltraShort Bloomberg Crude Oil Stock Performance
The business has a 50 day moving average of $17.92 and a two-hundred day moving average of $17.51.
About ProShares UltraShort Bloomberg Crude Oil
The ProShares UltraShort Bloomberg Crude Oil (SCO) is an exchange-traded fund that is based on the Bloomberg WTI Crude Oil Subindex index. The fund provides -2x the daily return of an index of futures contracts on light sweet crude oil. SCO was launched on Nov 24, 2008 and is managed by ProShares.
Recommended Stories
- Five stocks we like better than ProShares UltraShort Bloomberg Crude Oil
- Comparing and Trading High PE Ratio Stocks
- Survey Reveals: Which States Saw the Biggest Investment Gains in 2024?
- How to Start Investing in Real Estate
- Amazon’s Healthcare Gamble: A New Era of Medical Disruption
- How to Calculate Return on Investment (ROI)
- Semiconductor Giant Synopsys Slides 14% — Time to Take Notice
Receive News & Ratings for ProShares UltraShort Bloomberg Crude Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Bloomberg Crude Oil and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.jpg?v=20230323095506&h=45&w=95&zc=2){kind=logo}
