ProShares UltraShort FTSE China 50 Stock Forecast, Price & News

Wall Street analysts have given ProShares UltraShort FTSE China 50 a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ProShares UltraShort FTSE China 50 wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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ProShares UltraShort FTSE China 50's stock was trading at $65.19 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FXP stock has decreased by 39.7% and is now trading at $39.30.
View which stocks have been most impacted by COVID-19.

ProShares UltraShort FTSE China 50 shares reverse split on the morning of Thursday, May 24th 2018. The 1-4 reverse split was announced on Wednesday, May 9th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 23rd 2018. An investor that had 100 shares of ProShares UltraShort FTSE China 50 stock prior to the reverse split would have 25 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares UltraShort FTSE China 50 investors own include General Electric (GE), CBRE Group (CBRE), AT&T (T), Advanced Micro Devices (AMD), Apollo Commercial Real Estate Finance (ARI), AXIS Capital (AXS), The Boeing (BA), Franklin Resources (BEN), Chevron (CVX) and The Walt Disney (DIS).

ProShares UltraShort FTSE China 50 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FXP."

Shares of FXP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FXP stock can currently be purchased for approximately $39.30.

ProShares UltraShort FTSE China 50 has a market capitalization of $21.69 million.

The official website for ProShares UltraShort FTSE China 50 is www.proshares.com.

ProShares UltraShort FTSE China 50 is headquartered at 7501 Wisconsin Avenue Suite 1000 East Tower, Bethesda, MD 20814, United States.

ProShares UltraShort FTSE China 50's mailing address is 7501 Wisconsin Avenue Suite 1000 East Tower, Bethesda, MD 20814, United States. The company can be reached via phone at +1-240-4976400.