ProShares UltraShort Yen (NYSEARCA:YCS) Stock Price Up 2.8%

ProShares UltraShort Yen (NYSEARCA:YCS)’s stock price traded up 2.8% during mid-day trading on Friday . The company traded as high as $90.06 and last traded at $90.06. 25,949 shares traded hands during trading, an increase of 84% from the average session volume of 14,114 shares. The stock had previously closed at $87.63.

ProShares UltraShort Yen Trading Up 2.8 %

The business has a 50-day moving average of $81.83 and a 200-day moving average of $77.36.

Institutional Trading of ProShares UltraShort Yen

An institutional investor recently bought a new position in ProShares UltraShort Yen stock. Nkcfo LLC acquired a new position in shares of ProShares UltraShort Yen (NYSEARCA:YCS) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,075 shares of the company’s stock, valued at approximately $907,000. ProShares UltraShort Yen comprises approximately 0.5% of Nkcfo LLC’s investment portfolio, making the stock its 25th biggest position. Nkcfo LLC owned 3.45% of ProShares UltraShort Yen at the end of the most recent reporting period.

ProShares UltraShort Yen Company Profile

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.