ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) Shares Cross Above 50 Day Moving Average of $42.01

ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $42.01 and traded as high as $49.99. ProShares UltraPro Short Dow30 shares last traded at $49.45, with a volume of 29,819 shares trading hands.

The firm’s 50 day moving average price is $42.72.

ProShares UltraPro Short Dow30 Company Profile (NYSEARCA:SDOW)

ProShares UltraPro Short Dow30 (the Fund) seeks daily investment results that correspond to three times (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (the Index). The Index is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, United States stocks, excluding utility and transportation companies.

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