Loading…
Loading…
See exactly how SPXU's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for SPXU and 80,000+ other tickers.
The ProShares UltraPro Short S&P500 (SPXU) aims to deliver daily investment performance that inversely correlates with the S&P 500 index, specifically targeting three times (-3x) the opposite of its day-to-day return. This objective is pursued prior to accounting for any fund expenses or management fees.
As geopolitical tensions, AI uncertainty and rising economic uncertainty weigh on the outlook, inverse ETFs could offer a tactical way to navigate market weakness.
ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $44.54 and traded as low as $36.96. ProShares UltraPro Short S&P 500 shares last traded at $37.27, with a volume of 10,115,755 shares trading
ProShares UltraPro Short S&P 500 ETF (SPXU) offers -3x daily leverage, making it popular for short-term trading but risky due to leverage drift. SPXU's drift has been positive (8.52%) over the past year, but long-term holding risks steep decay, especially in whipsaw markets. Leverage drift in SPXU is path-dependent: volatility and leverage amplify decay, while trending markets can produce positive drift.
ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU - Get Free Report) saw some unusual options trading on Monday. Stock traders acquired 6,848 put options on the stock. This is an increase of 61% compared to the typical volume of 4,253 put options. Institutional Investors Weigh In On ProShares UltraPro Short S&P 500 Hedge funds have recently
ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU - Get Free Report) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 822,041 shares, a drop of 11.9% from the February 12th total of 933,591 shares. Based on an average daily trading volume,