IGS Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the Proshares Short Investment Grade Corporate ETF ( IGS) crossed below their 200 day moving average of $32.34, changing hands as low as $32.20 per share. Proshares Short Investment Grade Corporate shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of IGS shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

Proshares Short Investment Grade Corporate 200 Day Moving Average Chart

Looking at the chart above, IGS's low point in its 52 week range is $30.98 per share, with $35.02 as the 52 week high point — that compares with a last trade of $32.55.
null