Rochester, NY 7/9/2009 11:02:02 PM
News / Finance

WhisperfromWallStreet.com Stock Report - SCO - ProShares Launches Four New Short International ETFs

UltraShort DJ-AIG Crude Oil ProShares,SCO

WhisperfromWallStreet.com Stock Report - SCO - ProShares Launches Four New Short International ETFs

UltraShort DJ-AIG Crude Oil ProShares, SCO

Last Trade:      22.56
Day's Range:       21.86 - 22.99
52wk Range:       15.51 - 59.76
Volume:          1,510,576

ProFunds Group, the world’s largest manager of short and leveraged funds,1 announced today that it is launching four more Short International ProShares. The new ETFs are the first designed to go up when markets go down in Europe, the Pacific Ex-Japan region, Brazil and Mexico. The new ETFs will be listed on NYSE Arca today.

22.22 Down 0.12 (0.54%) 11:49AM ET

ABOUT THE COMPANY

The investment will seek to replicate, net of expenses, twice the inverse daily performance of the Dow Jones AIG Crude Oil Sub-Index. The fund normally invests assets in financial instruments with economic characteristics inverse to the index. It may employ leveraged investment techniques in seeking its investment objective.

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