ProShares UltraShort Technology (REW) Surpasses 200-Day Moving Average

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In trading on Thursday, the ProShares UltraShort Technology ETF (REW) surpassed its 200-day moving average of $12.34, reaching a high of $12.62 per share. The ETF gained approximately 5.7% during the day.

Over the past year, REW’s shares have fluctuated between a low of $9.99 and a high of $34.44, with the latest trade recorded at $12.61.

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