Is Proshares Ultrashort stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Proshares Ultrashort pays dividends. Last time was Tuesday 10th of September 2024 where the investors holding the stock on Tuesday 3rd of September 2024 were paid $0.001622 per share. Over the last 5 times between 2024 and 2024, Proshares Ultrashort has paid $0.117497 with an average of $0.02 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Proshares Ultrashort 10 years ago, but if you had invested on Tuesday 2nd of April 2024 when the price was $44.07, you would have made a loss of $-31.56 per share or -71.61%
Yes, the average daily trading liquidity for Proshares Ultrashort is $1.35 million. You should therefore be able to get in and out of your positions relatively fast.
Proshares Ultrashort has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Proshares Ultrashort to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.