ProShares UltraShort Yen (NYSEARCA:YCS) Stock Price Up 0.1% – Here’s What Happened

Posted by James Quigley on Nov 22nd, 2024

ProShares UltraShort Yen (NYSEARCA:YCS – Get Free Report) shares rose 0.1% during mid-day trading on Tuesday . The stock traded as high as $45.56 and last traded at $45.55. Approximately 13,134 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 33,823 shares. The stock had previously closed at $45.49.

ProShares UltraShort Yen Stock Performance

The firm has a 50 day moving average of $43.07 and a two-hundred day moving average of $43.29.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares UltraShort Yen stock. Brookstone Capital Management bought a new stake in ProShares UltraShort Yen (NYSEARCA:YCS – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,106 shares of the company’s stock, valued at approximately $368,000. Brookstone Capital Management owned 0.92% of ProShares UltraShort Yen at the end of the most recent quarter.

ProShares UltraShort Yen Company Profile

(Get Free Report)

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.