Investors Buy Large Volume of ProShares Ultra MSCI Brazil Capped Call Options (NYSEARCA:UBR)

ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) was the target of some unusual options trading on Friday. Stock traders bought 5,454 call options on the company. This is an increase of approximately 148% compared to the average volume of 2,197 call options.

ProShares Ultra MSCI Brazil Capped Trading Down 5.0 %

Shares of ProShares Ultra MSCI Brazil Capped stock opened at $15.50 on Friday. The business’s 50-day moving average price is $15.92 and its 200-day moving average price is $19.28. ProShares Ultra MSCI Brazil Capped has a 12 month low of $13.69 and a 12 month high of $29.98.

ProShares Ultra MSCI Brazil Capped Company Profile

ProShares Ultra MSCI Brazil Capped, formerly ProShares Ultra MSCI Brazil, seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Brazil Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index.