Trade ProShares UltraPro Short S&P500 - SPXU CFD

Trading Conditions

• Type: CFD
• Spread: 0.13
• Long position overnight funding adjustment: -0.02151%
• Short position overnight funding adjustment: -0.00071%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 55.36
• Open: 56.66
• 1-Year Change: 139.37%
• Day's Range: 55.94 - 57.86

What is ProShares UltraPro Short S&P500 (SPXU)?

ProShares UltraPro Short S&P500 is an exchange-traded fund designed to provide daily investment results that correspond to three times the inverse of the daily performance of the S&P 500 Index. The fund utilizes financial derivatives such as swaps, futures, and options to achieve its leveraged inverse exposure. It is intended for investors seeking to profit from declines in the S&P 500 or to hedge existing equity positions. Due to its leveraged and inverse nature, the fund is generally suited for short-term trading strategies rather than long-term investment. It operates within the financial services industry, specifically in the area of leveraged and inverse exchange-traded products. The fund's structure requires active management and monitoring because of the compounding effects of daily rebalancing on returns over periods longer than one day.

ProShares UltraPro Short S&P500 Stock Price Today: Live Overview

The price today is shaped by live market movements, as Compass Pathways PLC - ADR is priced at $57.87. It has experienced an intraday range from $55.84 to $57.96, with a daily change of +4.4561%.

FAQ: ProShares UltraPro Short S&P500 (SPXU)

What is the current price of SPXU stock?

The current price is $57.87.

Does SPXU pay dividends?

This ETF does not pay dividends.

Does SPXU have a formal corporate presence or regional headquarters in the UAE?

ProShares UltraPro Short S&P500 operates via partners and does not have a regional office or subsidiary in the UAE.

What is SPXU best known for?

The ETF is most famous for providing leveraged inverse exposure to the S&P 500 index.

What assets are typically shown together with SPXU?

Commonly shown alongside SPXU: Cenntro Inc, IDEXX Labs, Monks Investment