Markets closed higher yet MicroSectors FANG+ Index -3X Inverse Leveraged ETN, United States Oil Fund, LP, ProShares Ultra VIX Short-Term Futures ETF top this unflattering list of Wednesday's losers
A quick update: markets were up Wednesday; Nasdaq closed the day at 11,300, having gained 0.99%. S&P 500 gained 0.59% and closed at 4,027.26.
Despite the climb, markets experienced Wednesday, some ETFs suffered losses. Take a look at our top losers.
ProShares Ultra VIX Short-Term Futures ETF | Currently down 3.27% at $7.68
Having fallen $2.25 in 11 days, Wednesday's session continued the recent downtrend: ProShares Ultra VIX Short-Term Futures ETF slid down from $7.94 to $7.68, taking a 26 cents loss (3.27%)
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | Closed $3.61 (-6.18%) lower at $55
Having fallen $2.5 in 3 days, More of the same from Wednesday's session: MicroSectors FANG+™ Index -3X Inverse Leveraged ETN slid down from $58.61 to $55, taking a $3.61 loss (6.18%)
United States Oil Fund LP | Closed Wednesday's session at $67.41
A tough session dominated by bearish sentiment left USO $2.59 lower, while setting a $66.86 to $68.22 session range.