Dallas, Texas 04/21/2014 (FINANCIALSTRENDS) – ProShares Ultra Short Small Cap 600 (ETF)(NYSEARCA:QID), headed by Chairman MichealL.Sapir has been making some smart progress in recent trading weeks.
ProShares Ultra Short SmallCap 600 (ETF)(NYSEARCA:QID) has noted an increase in the prices of stocks in recent weeks, with the sharing gaining an average price hike of 2.75%, closing at $59.77. Volume based trading too has reported an increase in recent times.
ProShares Ultra Short Small Cap 600 (ETF)(NYSEARCA:QID) has been a fund which seeks to achieve over 200% of the inverse daily performance and is linked with S&P Small Cap 600 Index.
The process for this fund is to create an investment portfolio in the range of 80% with a view to the net assets, where the borrowing will be for investment purposes only. The net combinations where the economic values are noticeable are the financial instruments, as well as in-debt instruments for the money market.
It is most likely that the fund will now have wider focus, in the near future, in certain industry groups as well as industries. The strategy is to now focus on such of these requirements and will now ensure that the level of focal investment development will remain the same as the before investments.
ProShares Ultra Short SmallCap 600 (ETF) (NYSEARCA:QID) has in the past few weeks of trading been on the rampage, seeking high stock prices where the infra-day trading is in the region of $59.51 and a high of $60.86. The stock was viewed to achieve a 52 week high of $90.40 and low of $44.20.
By the end of the trading session, the stock was found to have begun at $60.55. This stock has been viewing volume trades of 1.02 million. The market capital for this stock is in the region of $334.11 million. The Beta for this stock is -1.97.