In today’s session ProShares UltraPro Short Russell2000 ETF (SRTY) registered an unusually high (172) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious SRTY increase. With 172 contracts traded and 524 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: SRTY161118C00023000 closed last at: $0.45 or 59.1% down. ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) has declined 32.58% since April 7, 2016 and is downtrending. It has underperformed by 37.36% the S&P500.
ProShares UltraPro Short Russell2000 seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The ETF has a market cap of $80.01 million. The Fund seeks a return -300% of the return of an index for a single day. It currently has negative earnings. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.
More notable recent ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) news were published by: Etftrends.com which released: “Inverse ETFs to Capitalize on Market Turns” on March 25, 2013, also Etftrends.com with their article: “Small-Cap ETFs: Bearish ‘Death Cross’ in Russell 2000” published on September 23, 2014, Investorplace.com published: “21 Ways to Aggressively Short This Market” on June 24, 2013. More interesting news about ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) were released by: Seekingalpha.com and their article: “Look Out Direxion: ProShares Launches Line of 3X Leverage and Inverse ETFs” published on February 12, 2010 as well as Etftrends.com‘s news article titled: “Bears Speculate on Reversal with Short S&P 500 ETF” with publication date: March 14, 2013.
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