ProShares UltraShort Yen (NYSEARCA:YCS) Trading Down 1.4% – Should You Sell?

Shares of ProShares UltraShort Yen (NYSEARCA:YCSGet Free Report) traded down 1.4% during mid-day trading on Tuesday . The stock traded as low as $46.68 and last traded at $46.68. 13,274 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 31,000 shares. The stock had previously closed at $47.35.

ProShares UltraShort Yen Trading Up 2.5 %

The stock’s 50-day simple moving average is $45.98 and its 200 day simple moving average is $43.47.

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.

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