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 Wednesday 3rd of July 2024 where the investors holding the stock on Wednesday 26th of June 2024 were paid $0.23527 per share. Over the last 17 times between 2008 and 2024, ProShares UltraShort has paid $1.95081 with an average of $0.11 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 Monday 9th of September 2019 when the price was $18.48, you would have made a profit of $3.16 per share or 17.10%
No, the average daily trading liquidity for ProShares UltraShort is $18 358 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
ProShares UltraShort has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. 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 low [0 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.