Shares of ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY – Get Free Report) dropped 1.3% during trading on Monday . The stock traded as low as $12.02 and last traded at $12.04. Approximately 3,464 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 8,142 shares. The stock had previously closed at $12.20.
ProShares Decline of the Retail Store ETF Price Performance
The firm’s 50-day moving average price is $12.37 and its 200-day moving average price is $13.11.
About ProShares Decline of the Retail Store ETF
The ProShares Decline of the Retail Store ETF (EMTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements. EMTY was launched on Nov 14, 2017 and is managed by ProShares.
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