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FLOKX

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1d
1w
1m

Analysis and statistics

  • Open
    18.4673$
  • Previous Close
    18.4673$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FLOKX.US represents the ProShares Ultra Short Bloomberg Natural Gas ETF. This exchange-traded fund (ETF) aims to deliver twice the inverse (opposite) of the daily performance of the Bloomberg Natural Gas Subindex. Investors use it to potentially profit from declines in natural gas prices or to hedge against their existing natural gas investments. Due to its leveraged and inverse nature, FLOKX.US is generally considered a short-term trading tool and is not recommended for long-term holding as its performance can deviate significantly from the underlying index over extended periods.
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Factors

Fund performance: Strong fund performance attracts investors, increasing demand and price.

Market conditions: Overall market sentiment, economic factors, and interest rates impact investor confidence and fund flows.

Expense ratio: Higher expense ratios reduce returns, potentially lowering demand and price.

Supply and demand: Increased demand relative to supply drives the price up, and vice-versa.

Management expertise: A skilled fund manager can generate better returns, positively influencing the fund's price.

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