Shares of ProShares Short Real Estate (NYSEARCA:REK – Get Free Report) rose 1.9% on Thursday . The stock traded as high as $18.16 and last traded at $18.16. Approximately 20,924 shares traded hands during trading, an increase of 21% from the average daily volume of 17,258 shares. The stock had previously closed at $17.83.
ProShares Short Real Estate Trading Down 1.9 %
The business has a fifty day moving average of $16.64 and a 200-day moving average of $17.31.
About ProShares Short Real Estate
ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.
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