Proshares UltraShort Basic Materials (SMN) Shares Cross Above 200 DMA
By: ETF Channel
Posted on July 10, 2012 at 15:51 PM EDT
In trading on Tuesday, shares of the Proshares UltraShort Basic Materials ETF (SMN) crossed above their 200 day moving average of $17.66, changing hands as high as $17.82 per share. Proshares UltraShort Basic Materials shares are currently trading up about 4.2% on the day.
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