ProShares :
SCO
SCO
Stock Data
$6.71
$0.15 (2.29%)
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ProShares UltraShort Bloomberg Crude Oil is a fund designed for investors looking to bet against the price of crude oil. By taking short positions and using derivatives like futures contracts, it aims to deliver twice the inverse of the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. Launched in 2008 and based in the United States, this fund is a choice for those seeking exposure to the fluctuations of the oil market without directly investing in physical commodities.
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