ProShares Ultra Bloomberg Natural Gas is marking a challenging day, retreats 4%
In today's trading session, markets don't have a clear cut direction — Dow Jones up 0.13%, trading at 34,233. S&P 500 trades at 3,979.18 with no major change.
This limbo state is reflected by market data published as United States Consumer Price Index came out at -0.1%, while a consensus of analysts was expecting 0%.
With markets currently trading sideways, some ETFs are taking serious losses. Here is the list of top losers:
-3.49%: ProShares Ultra VIX Short-Term Futures ETF ended the previous session at $5.58; currently trading at $5.39
More of the same today: ProShares Ultra VIX Short-Term Futures ETF drops from $5.58 to $5.39, losing 19.5 cents (3.49%) today.
-2.94%: SCO draws back 72 cents (2.94%) to trade at $23.77
Similar trend today: ProShares UltraShort Bloomberg Crude Oil is grinding lower from $24.49 to $23.77, shedding 72 cents (2.94%) today.
-4%: ProShares Ultra Bloomberg Natural Gas is trading around $11.29, down by 47 cents (4%)
ProShares Ultra Bloomberg Natural Gas recovering almost all the way back to $11.76 today, after dipping down to $10.92.