ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Shares Down 0.6% – Should You Sell?

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY)’s share price dropped 0.6% on Monday . The stock traded as low as $12.91 and last traded at $12.91. Approximately 2,216 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 2,908 shares. The stock had previously closed at $12.99.

ProShares Decline of the Retail Store ETF Price Performance

The business has a 50-day simple moving average of $12.77 and a 200-day simple moving average of $13.32.

ProShares Decline of the Retail Store ETF Company Profile

The ProShares Decline of the Retail Store ETF (EMTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements. EMTY was launched on Nov 14, 2017 and is managed by ProShares.