ProShares UltraPro Short S&P 500 ( NYSEARCA:SPXU – Get Rating ) shares dropped 4.4% during trading on Thursday . The company traded as low as $15.25 and last traded at $15.26. Approximately 24,503,519 shares were traded during trading, a decline of 20% from the average daily volume of 30,586,383 shares. The stock had previously closed at $15.97. ProShares UltraPro Short S&P 500 Stock Performance The stock has a 50 day moving average of $14.75 and a 200 day moving average of $16.56. Several hedge funds have recently bought and sold shares of SPXU.

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