Latest News for SCO
ProShares UltraShort Bloomberg Crude Oil ETF (SCO) is rated a strong sell due to high risk and poor long-term prospects for most investors. Leveraged ETFs like SCO require precise market timing to make money. Small errors can result in substantial losses, especially during volatile events like the Iran crisis.
With the axiom of “buying low and selling high”, now is the time to buy low!
ProShares UltraShort Bloomberg Crude Oil ETF is a double inverse, leveraged play on crude oil futures. SCO is designed strictly for short-term trading, not long-term holding, due to roll yield, expenses, and volatility. Current oil market conditions do not justify a bearish bet via SCO, given limited downside in crude prices.
ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $17.98 and traded as high as $20.46. ProShares UltraShort Bloomberg Crude Oil shares last traded at $20.26, with a volume of
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Insider Trading
Insider Trading
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Senate Trading
No Senate trades found for SCO.
U.S. House Trading
No House trades found for SCO.
Options Chain
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