ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) shares closed at $19.95, Kinross Gold Corporation (NYSE:KGC)

Posted by Nathan Alexander May 24, 2013 0 Comment 944 views


ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY): Thursday’s trading session saw ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) down by 0.30% and closed at $19.95. It opened at a price of $20.73. This price touched an intraday high of $20.77, and then moved down to close at $19.93 per share. In the previous day’s trading session, close to 1.71 million shares had been traded. This number was more than the average volume of 0.208 million that was measured over a period of 30 days.

ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) seeks daily investment results. These daily investment results correspond to 300% or triple the opposite or inverse of the Russell 2000 Index (the Index)’ daily performance. ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) seeks a -300% of the return of an index for a single day. The Russell 2000 Index is made up of 2,000 of the smallest, publicly traded common stocks that are domiciled in the United States. These are included in the Russell 3000 Index. The investment advisor of ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) is ProShare Advisors LLC (ProShare Advisors).

Kinross Gold Corporation (NYSE:KGC): Thursday’s trading session saw Kinross Gold Corporation (NYSE:KGC) rising 2.99% and closed at $5.85. It opened at a price of $5.86 which touched an intraday high of $5.98, before moving down to close at $5.82 per share. In the previous day’s trading session, around 12.66 million shares were traded. This number was less than the average volume of 15.78 million that was measured over a 30-day period.

Compare Thursday’s figures to the 52-week price range that stood at $4.97 – $11.19. The negative EPS figure of -$2.24 that was posted by KGC indicates that it has incurred losses. Kinross Gold Corporation (NYSE:KGC) boasts of a strong current ratio that stands at 2.76. This suggests prudent working-capital handling. The distance of the stock-price from the 50-day simple moving average is -15.09%. Its operating margin is -52.67% and its profit margin is -59.23%. The average analysts’ recommendation about the stock is 2.20 which means that a trader should buy KGC stock. Kinross Gold Corporation (NYSE:KGC) is involved in gold mining. It is also engaged in gold mining related activities.


About Nathan Alexander

Nathan Alexander holds bachelor’s degrees in Journalism and European Studies from Boston University. Nathan reports round up the day’s business and financial market news and include keynote interviews with major business players and updates on Asian, European and US stock markets. He has interviewed heads of leading European banking institutions such as European Central Bank President Jean-Claude Trichet and HSBC Chairman Stephen Green, and CEOs from the business world including Microsoft founder Bill Gates, Virgin Chairman Sir Richard Branson and former Porsche President and CEO Dr Wendelin Wiedeking.

View all post by Nathan Alexander Visit author's website

Write Your Comment