Flow Traders U.S. LLC Takes Position in ProShares UltraShort Bloomberg Crude Oil $SCO

Flow Traders U.S. LLC purchased a new position in shares of ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 31,170 shares of the exchange traded fund’s stock, valued at approximately $563,000. Flow Traders U.S. LLC owned about 0.33% of ProShares UltraShort Bloomberg Crude Oil as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, XTX Topco Ltd acquired a new stake in ProShares UltraShort Bloomberg Crude Oil during the second quarter valued at approximately $235,000.

ProShares UltraShort Bloomberg Crude Oil Stock Down 1.5%

NYSEARCA:SCO opened at $18.84 on Thursday. The business’s 50 day moving average is $18.59 and its two-hundred day moving average is $17.77. ProShares UltraShort Bloomberg Crude Oil has a 52 week low of $14.57 and a 52 week high of $24.51.

ProShares UltraShort Bloomberg Crude Oil Profile

The ProShares UltraShort Bloomberg Crude Oil (SCO) is an exchange-traded fund that is based on the Bloomberg WTI Crude Oil Subindex index. The fund provides -2x the daily return of an index of futures contracts on light sweet crude oil. SCO was launched on Nov 24, 2008 and is managed by ProShares.