ProShares UltraShort Bloomberg Crude Oil (SCO)
|17.25 - 17.83
|Nov 24, 2008
About SCOFund Home Page
The ProShares UltraShort Bloomberg Crude Oil (SCO) is an exchange-traded fund that mostly invests in crude oil commodities. 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 issued by ProShares.
Oil futures and ETFs fell sharply on Thursday, while inverse crude ETFs soared amid rumors of there being a chance to mitigate tensions in the Middle East. Crude traders have been observing how issues...
Crude oil prices dropped on Tuesday. This pulled crude ETFs lower amid growing concerns that ongoing hawkish monetary tightening will affect global economic activity as the year progresses.
After pulling back significantly in recent days, crude oil and crude ETFs are surging higher on Monday, amid growing concerns over gas supply from Russia and a drop in the dollar, which is helping to ...
Crude oil and crude ETFs are approaching monthly highs not seen since March, as ongoing inflation and the summer driving season arrives. Consumers continue to experience pain at the pump, and it doesn...
After recently reaching their highest levels in nearly a decade, crude oil and related ETFs continued to retrace on Monday, falling another 8%, and breaking below $100 per barrel, amid discussions bet...
Crude oil surged 4% on Tuesday, boosting crude ETFs as well, ahead of the much-anticipated API crude oil inventory data report as well as predictions that spiking coronavirus cases and the disseminati...
Crude oil and crude ETFs are under pressure once again, falling for a sixth consecutive session on Thursday, as demand worries and a late reaction from the Federal Reserve that it will suspend its bon...
BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of ETFs, announced today that ProShares Ultra Bloomberg Crude Oil (UCO) and ProShares UltraShort Bloomberg Crude Oil (SCO) ETFs will chang...
By Viktor Argonov, Senior Analyst at International Investment Firm Exchange-traded funds (ETFs) and similar instruments such as exchange-traded notes (ETNs) have typically been the best strategies for...
If you were anything, but an oil bear during Monday’s trading session, you were definitely in a world of hurt. Oil prices fell into negative territory for the first time on record as West Texas Interm...
Even with record production cuts giving oil prices a boost, the move thus far has proven to be short-lived as investors marinated on the notion that global demand will still be weak, which caused oil ...
As crude oil continues to slump, charting fresh lows below $20 a barrel Monday, oil traders across the globe are scrambling to sell as rapidly vanishing demand drives key physical crude prices to mult...
Oil prices touched down to their lowest level since 2002 as the price of U.S. crude fell as much as under $20 per barrel.
Crude oil has continued its barreling downdraft as Saudi Arabia is not backing down from the oil price war with Russia for market share, threatening another increase in its crude oil exports beginning...
With West Texas Intermediate crude oil currently trading around $27 a barrel, this month’s historic flush in oil prices has some financial experts concerned that crude will settle in a range under $40...