With the session well underway, markets are broadly higher while ProShares Ultra VIX Short-Term Futures ETF, MicroSectors FANG+ Index -3X Inverse Leveraged ETN, ProShares VIX Short-Term Futures ETF are slipping. Here are the top losers:
Today's session is well on its way: markets are up including news that Nasdaq up 0.82%, trading at 11,500. S&P 500 up to 3,988, gaining 0.45%.
Uptick coincides with some positive signs published earlier as highly important Pending Home Sales data from United States beat analyst expectations of 1% with a reading of 8.1%.
Despite the markets climbing Friday, some etfs are currently down. Take a look at the Top Losers:
-4.6%: bearish ProShares Ultra VIX Short-Term Futures ETF currently 25 cents lower after trading as low as $5.07
ProShares Ultra VIX Short-Term Futures ETF is down to $5.19, after ending Friday at $5.44. Overall, a 4.6% loss or 25 cents today.
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | -4.39% in mid-session
This year has been a gloomy one for MicroSectors FANG+™ Index -3X Inverse Leveraged ETN after trading as high as $89.45 and going on to lose 52.84% of its value.
-3.34%: ProShares VIX Short-Term Futures ETF ended the previous session at $9.88; currently trading at $9.55
ProShares VIX Short-Term Futures ETF is down to $9.55, after ending Friday at $9.88. Overall, a 3.34% loss or 32.99 cents today.