ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO) Hits New 1-Year Low – Here’s Why

Posted by Stacy Sanders on May 18th, 2026

ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO – Get Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $6.00 and last traded at $6.01, with a volume of 13486492 shares traded. The stock had previously closed at $6.03.

ProShares UltraShort Bloomberg Crude Oil Stock Performance

The company’s 50 day moving average is $7.92 and its 200 day moving average is $14.28.

ProShares UltraShort Bloomberg Crude Oil’s stock is scheduled to reverse split on Thursday, May 28th. The 1-4 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, May 27th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SCO. Brookstone Capital Management acquired a new position in ProShares UltraShort Bloomberg Crude Oil in the first quarter valued at $8,930,000. Spectrum Financial Alliance Ltd LLC acquired a new position in ProShares UltraShort Bloomberg Crude Oil in the first quarter valued at $5,611,000. Group One Trading LLC increased its stake in ProShares UltraShort Bloomberg Crude Oil by 607.7% in the first quarter. Group One Trading LLC now owns 223,321 shares of the exchange traded fund’s stock valued at $1,858,000 after purchasing an additional 191,767 shares during the period. Jump Financial LLC acquired a new position in ProShares UltraShort Bloomberg Crude Oil in the second quarter valued at $3,076,000. Finally, Quadrature Capital Ltd acquired a new position in ProShares UltraShort Bloomberg Crude Oil in the third quarter valued at $1,844,000.

ProShares UltraShort Bloomberg Crude Oil Company Profile

(Get Free Report)

The ProShares UltraShort Bloomberg Crude Oil (SCO) is an exchange-traded fund that is based on the Bloomberg WTI Crude Oil Subindex index. The fund provides -2x the daily return of an index of futures contracts on light sweet crude oil. SCO was launched on Nov 24, 2008 and is managed by ProShares.