31-Jul-2026
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The economic cost of Europe's extreme heat
Seeking Alpha News (Fri, 31-Jul 9:07 AM ET)
ProShares UltraShort Euro seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the U.S. Dollar price of the Euro.
ProShares Ultrashort Euro trades on the ARCA stock market under the symbol EUO.
As of July 31, 2026, EUO stock price climbed to $30.17 with 51,434 million shares trading.
EUO has a beta of -0.40, meaning it tends to be less sensitive to market movements. EUO has a correlation of 0.18 to the broad based SPY ETF.
EUO has a market cap of $34.70 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, EUO traded as high as $36.07 and as low as $26.93.
EUO has underperformed the market in the last year with a price return of +2.7% while the SPY ETF gained +19.4%. However, in the short term, EUO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.8% vs +4.2% return in SPY. But in the last 2 weeks, EUO shares have been beat by the market, returning -1.5% compared to an SPY return of +0.5%.
EUO support price is $29.95 and resistance is $30.35 (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 EUO shares will trade within this expected range on the day.