November 30, 2016 - By Clifton Ray · 0 Comments
Nov 30 is a positive day so far for ProShares UltraShort Silver (NYSEARCA:ZSL) as the ETF is active during the day after gaining 1.49% to hit $36.73 per share. The exchange traded fund has 42.78M net assets and 3.19% volatility this month.
Over the course of the day 8,667 shares traded hands, as compared to an average volume of 104,840 over the last 30 days for ProShares UltraShort Silver (NYSEARCA:ZSL).
The ETF is -49.40% of its 52-Week High and 33.74% of its low, and is currently having ATR of 1.36. This year’s performance is -48.04% while this quarter’s performance is 22.82%.
The ETF’s YTD performance is -50.15%, the 1 year is -38.35% and the 3 year is -4.13%.
The fund’s top holdings are: Silver Future 12/28/2016 (Siz6) for 0.59% of assets.
More notable recent ProShares UltraShort Silver (ETF) (NYSEARCA:ZSL) news were published by: Etfdailynews.com which released: “Numbers That Show Silver Prices Are Headed Higher [iShares Silver Trust (ETF …” on June 01, 2015, also Etfdailynews.com with their article: “What Is Causing The Surge In The Price Of Silver?” published on July 06, 2016, Etfdailynews.com published: “The Long-Term Outlook For Silver Is Very Positive” on July 12, 2016. More interesting news about ProShares UltraShort Silver (ETF) (NYSEARCA:ZSL) were released by: Etfdailynews.com and their article: “Why Silver Prices Could Surge To $28” published on July 08, 2016 as well as Etfdailynews.com‘s news article titled: “China Is Now In Control Of Global Silver Prices” with publication date: March 14, 2016.
ProShares UltraShort Silver seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of silver bullion as measured by the United States dollar fixing price for delivery in London. The ETF has a market cap of $42.78 million. The Fund will not directly or physically hold the underlying silver, but instead will seek exposure to silver through the use of financial instruments, whose value is based on the underlying price of silver to pursue their investment objective. It currently has negative earnings. The benchmark price of silver will be the United States dollar price of silver bullion as measured by the London fixing price per troy ounce of unallocated silver bullion for delivery in London through a member of the London Bullion Market Association (LBMA) authorized to effect such delivery.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Clifton Ray