On Wednesday, shares of the ProShares UltraShort FTSE China 50 ETF (FXP) dropped below their 200-day moving average of $18.33, trading as low as $17.89. The ETF is currently down approximately 6% for the day.
FXP’s 52-week range shows a low of $15.80 and a high of $24.28, with the last recorded trade at $17.90.
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