Proshares UltraShort MSCI Mexico Capped IMI (SMK) Shares Cross Below 200 DMA

In trading on Friday, shares of the Proshares UltraShort MSCI Mexico Capped IMI ETF ( SMK) crossed below their 200 day moving average of $24.15, changing hands as low as $23.91 per share. Proshares UltraShort MSCI Mexico Capped IMI shares are currently trading off about 8.5% on the day. The chart below shows the one year performance of SMK shares, versus its 200 day moving average:

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Proshares UltraShort MSCI Mexico Capped IMI 200 Day Moving Average Chart

Looking at the chart above, SMK's low point in its 52 week range is $20.54 per share, with $33.79 as the 52 week high point — that compares with a last trade of $23.96.
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