3-Jan-2025
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ProShares Announces ETF Share Splits
Business Wire (Mon, 28-Oct 4:30 PM ET)
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 3, 2025, EUM stock price declined to $26.72 with 19,332 million shares trading.
EUM has a market cap of $12.96 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 return of -4.5%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EUM shares. However, EUM has outperformed the market in the last 3 month and 2 week periods, returning +8.7% and +0.6%, while SPY returned +4.6% and +0.1%, respectively. This indicates EUM has been having a stronger performance recently.
EUM support price is $26.67 and resistance is $27.21 (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.