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June 17, 2023
Markets closed lower, with ProShares Ultra VIX Short-Term Futures ETF, Direxion Daily S&P Biotech Bull 3X Shares, ProShares VIX Short-Term Futures ETF making yesterday's list of top losers.
A review of what happened yesterday: leading equity indices in the US declined as Nasdaq slipped 0.68% and closed at 13,700. S&P 500 shed 0.37% and closed at 4,409.59.
While price action maintains a negative bias, United States CFTC Nasdaq 100 speculative net positions released yesterday at 20:30 UTC with a figure of 15,700, while the previous figure was 8,800.
In line with markets falling yesterday, some etfs made the list of top losers. Take a look.
ProShares Ultra VIX Short-Term Futures ETF | -5.78% at $2.12
ProShares Ultra VIX Short-Term Futures ETF's bearish run has lasted 17 days so far (-$1.28). Yesterday's session continued down the same path: ProShares Ultra VIX Short-Term Futures ETF slid down from $2.25 to $2.12, taking a 13 cents loss (5.78%)
-4.04%: VIXY closed at $5.46 after losing 4.04% yesterday
More of the same from yesterday's session: a tough session dominated by bearish sentiment left VIXY 23 cents lower, while setting a $5.46 to $5.71 session range.
-5.18%: LABU falls back to $6.95 after shedding 5.18% yesterday
Yesterday's session continued the recent downtrend: Biotech Bull and Bear 3X ETF slid into the red after losing 38 cents and ending the session at $6.95.
