ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Trading Down 0.7% – Time to Sell?

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTYGet Free Report) dropped 0.7% during trading on Wednesday . The company traded as low as $13.43 and last traded at $13.47. Approximately 2,904 shares traded hands during trading, a decline of 55% from the average daily volume of 6,492 shares. The stock had previously closed at $13.57.

ProShares Decline of the Retail Store ETF Stock Down 0.7 %

The company has a fifty day moving average of $14.05 and a two-hundred day moving average of $13.36.

ProShares Decline of the Retail Store ETF Company Profile

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The ProShares Decline of the Retail Store ETF (EMTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements. EMTY was launched on Nov 14, 2017 and is managed by ProShares.

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