ProShares UltraShort Consumer Goods (NYSEARCA:SZK) Trading Up 0.8%

ProShares UltraShort Consumer Goods (NYSEARCA:SZK) were up 0.8% on Wednesday . The stock traded as high as $12.84 and last traded at $12.84, approximately 100 shares traded hands during trading. A decline of 97% from the average daily volume of 2,978 shares. The stock had previously closed at $12.74.

The stock has a 50-day simple moving average of $13.54.

About ProShares UltraShort Consumer Goods (NYSEARCA:SZK)

ProShares UltraShort Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.

See Also: What do I need to know about analyst ratings?

Receive News & Ratings for ProShares UltraShort Consumer Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Consumer Goods and related companies with MarketBeat.com's FREE daily email newsletter.