ProShares UltraShort Russell2000 (NYSEARCA:TWM)’s shares down by 0.11%, Active Network Inc (NYSE:ACTV)

Posted by Lacee Page May 24, 2013 0 Comment 763 views


ProShares UltraShort Russell2000 (NYSEARCA:TWM): Thursday’s trading session saw ProShares UltraShort Russell2000 (NYSEARCA:TWM) down by 0.11% and closed at $17.98. It opened at a price of $18.43 which touched an intraday high of $18.46, before moving down to close at $17.97 per share. In the previous day’s trading session, around 0.401 million shares were traded.

In the case of ProShares UltraShort Russell2000 (NYSEARCA:TWM), the RSI reading has touched 29.9. In comparison, the RSI reading is currently 72.9, for the S&P 500. Any bullish investor can look at ProShares UltraShort Russell2000 (NYSEARCA:TWM) 29.9 reading as an indication that the  heavy selling that has been recently taking place is in effect, exhausting itself. Investors will have to start looking for entry point opportunities that are on the buy side. Looking at the one year performance chart, ProShares UltraShort Russell2000 (NYSEARCA:TWM)  low point in the 52-week range is $17.55 a share and $37.21 is the 52-week high point. This is in comparison with a last trade of $17.57.

Active Network Inc (NYSE:ACTV): Thursday’s trading session saw ACTV Active Network Inc (NYSE:ACTV) down by 0.32% and closed at $6.22. It opened at a price of $6.17 which touched an intraday high of $6.25, before moving down to close at $6.10 per share. In the previous day’s trading session, around 0.260 million shares were traded. This number was less than the average volume of 0.527 million that was measured over a 30-day period.

ACTV is an organization-based cloud computing applications provider. It serves a variety of customer groups. These include community activities, business solutions, outdoors and sports. Active Network Inc (NYSE:ACTV) operates in two different segments: Marketing and Technology services. The technology revenue segment is largely composed of net-registration revenue. This comprises of the technology fee. Technology revenue is also inclusive of software licensing, training, installation, maintenance as well as hosting subscriptions. The marketing services revenue segment is inclusive of online services, membership programs and field marketing services.

Active Network Inc (NYSE:ACTV) powers a variety of activities, such as signing up for a sports league or marathon, reserving tee time or a campsite , purchasing hunting or fishing licenses, or participating in a corporate conference or a community event.


About Lacee Page

Lacee Page is our White House and political campaign reporter. Lacee also covers justice and national law enforcement issues and congressional reporter focusing on the outputs of the legislative process: government spending, agency regulation and congressional oversight. Lacee received a national Edward R. Murrow for spot news award and the regional Associated Press award for best newscast. Lacee attended Riverview High School near Coshocton, and graduated from Ashland College in Ashland, Ohio with a Bachelor of Arts degree in Communications.

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