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May 09, 2023
Markets closed sideways but MicroSectors FANG+ Index -3X Inverse Leveraged ETN, ProShares UltraShort Bloomberg Crude Oil, ProShares Ultra VIX Short-Term Futures ETF drop and make it on this unflattering list of yesterday's losing etfs.
What happened after yesterday's session ended? Markets completed a mixed session yesterday while Dow Jones slipped 0.17% and closed at 33,619. Nasdaq ended the session at 12,257 after a 0.18% gain.
While markets traded sideways yesterday, some etfs suffered significant losses. Here is the list of Top Losers from yesterday:
ProShares Ultra VIX Short-Term Futures ETF ended the session at $3.57, continuing its bearish run
Yesterday's session continued down the same path: ProShares Ultra VIX Short-Term Futures ETF slid down from $3.67 to $3.57, taking a 10 cents loss (2.72%)
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | Closed down 4.92% at $17.58 yesterday
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN hit a significant low of $17.58 around a day ago, but has since recovered 5.18%.
Losing streak continues: ProShares UltraShort Bloomberg Crude Oil down $1.03, closed at $26.18 adding to its four days of losses
Yesterday's session continued the recent downtrend: a tough session dominated by bearish sentiment left SCO $1.03 lower, while setting a $25.77 to $26.44 session range.
