ProShares Short FTSE China 50 (NYSEARCA:YXI) Trading 1% Higher

ProShares Short FTSE China 50 (NYSEARCA:YXI) shares traded up 1% during mid-day trading on Tuesday . The stock traded as high as $17.42 and last traded at $17.40, 1,902 shares were traded during trading. A decline of 64% from the average session volume of 5,225 shares. The stock had previously closed at $17.22.

The company has a 50 day moving average of $18.42 and a 200-day moving average of $19.30.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were paid a dividend of $0.0265 per share. This represents a $0.11 annualized dividend and a yield of 0.61%. The ex-dividend date of this dividend was Tuesday, December 24th.

An institutional investor recently raised its position in ProShares Short FTSE China 50 stock. Susquehanna International Group LLP increased its position in shares of ProShares Short FTSE China 50 (NYSEARCA:YXI) by 13.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,957 shares of the company’s stock after purchasing an additional 3,445 shares during the quarter. Susquehanna International Group LLP owned 8.56% of ProShares Short FTSE China 50 worth $563,000 at the end of the most recent reporting period.

ProShares Short FTSE China 50 Company Profile (NYSEARCA:YXI)

ProShares Short FTSE China 50 (the Fund) is an exchange-traded fund. The Fund seeks investment results for a single day. The return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse (-1x) of the return of the FTSE China 50 Index (the Index) for that period.

Read More: What causes a recession?

Receive News & Ratings for ProShares Short FTSE China 50 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short FTSE China 50 and related companies with MarketBeat.com's FREE daily email newsletter.