ProShares UltraShort Yen (NYSEARCA:YCS) Trading Up 1.5% – Still a Buy?

ProShares UltraShort Yen (NYSEARCA:YCSGet Free Report)’s stock price were up 1.5% during trading on Tuesday . The stock traded as high as $44.45 and last traded at $44.35. Approximately 15,428 shares traded hands during trading, a decline of 26% from the average daily volume of 20,935 shares. The stock had previously closed at $43.68.

ProShares UltraShort Yen Trading Up 1.5%

The firm has a fifty day moving average of $41.75 and a 200 day moving average of $43.26.

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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