EUM Stock Summary and Trading Ideas (ProShares Short MSCI Emerging Markets | ARCA:EUM)

ProShares Short MSCI Emerging Markets seeks daily investment results before fees and expenses that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index.

ProShares Short MSCI Emerging Markets trades on the ARCA stock market under the symbol EUM.

As of January 17, 2025, EUM stock price declined to $26.86 with 18,664 million shares trading.

EUM has a market cap of $13.03 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, EUM traded as high as $35.20 and as low as $24.12.

EUM has underperformed the market in the last year with a price return of -8.8% while the SPY ETF gained +28.0%. However, in the short term, EUM had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.5% vs +3.0% return in SPY. But in the last 2 weeks, EUM shares have been beat by the market, returning +0.5% compared to an SPY return of +1.0%.

EUM support price is $26.73 and resistance is $27.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EUM shares will trade within this expected range on the day.