URTY Stock Summary and Trading Ideas (ProShares Ultrapro Russell2000 | ARCA:URTY)

ProShares UltraPro Russell2000 seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the Russell 2000 Index.

ProShares Ultrapro Russell2000 trades on the ARCA stock market under the symbol URTY.

As of April 16, 2024, URTY stock price declined to $39.99 with 852,104 million shares trading.

URTY has a beta of 3.68, meaning it tends to be more sensitive to market movements. URTY has a correlation of 0.61 to the broad based SPY ETF.

URTY has a market cap of $327.92 million. This is considered a Small Cap stock.

In the last 3 years, URTY stock traded as high as $136.47 and as low as $25.36.

URTY has underperformed the market in the last year with a price return of +10.3% while the SPY ETF gained +23.9%. URTY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.5% and -18.5%, respectively, while the SPY returned +6.2% and -3.4%, respectively.

URTY support price is $38.67 and resistance is $41.89 (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 URTY stock will trade within this expected range on the day.