ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU) Shares Up 4.8% – Should You Buy?

Posted by Patrick Bannon on Jun 5th, 2026

ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU – Get Free Report) shares rose 4.8% during trading on Friday . The company traded as high as $37.92 and last traded at $38.0410. Approximately 4,281,622 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 8,520,017 shares. The stock had previously closed at $36.30.

ProShares UltraPro Short S&P 500 Price Performance

The stock has a 50 day moving average price of $44.28 and a 200 day moving average price of $48.20.

Institutional Trading of ProShares UltraPro Short S&P 500

Several hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC bought a new stake in ProShares UltraPro Short S&P 500 during the first quarter valued at about $329,000. Optiver Holding B.V. bought a new stake in ProShares UltraPro Short S&P 500 during the first quarter valued at about $142,000. Group One Trading LLC bought a new stake in ProShares UltraPro Short S&P 500 during the first quarter valued at about $364,000. IMC Chicago LLC bought a new stake in ProShares UltraPro Short S&P 500 during the first quarter valued at about $17,942,000. Finally, Richards Merrill & Peterson Inc. bought a new stake in ProShares UltraPro Short S&P 500 during the first quarter valued at about $511,000.

ProShares UltraPro Short S&P 500 Company Profile

(Get Free Report)

The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index. The Fund invests in derivatives that it believes should have similar daily return characteristics as triple the inverse of the daily performance of the Index.