WYDE Stock: ProShares CDS Short North American HY Credit ETF Stock Price, Analysis & Insights
Get live wyde stock price $31.48, comprehensive ProShares CDS Short North American HY Credit ETF stock analysis, charts, news, and expert forecast. Real-time wyde stock data and investment insights.
Company Overview
The investment seeks to provide short exposure to the credit of North American high yield debt issuers. The fund seeks to achieve its investment objective primarily through investing in a portfolio of credit derivatives whose underlying reference entities are North American high yield (i.e., below investment grade or "junk bond") debt issuers. Under normal circumstances, it will invest at least 80% of its net assets in centrally cleared, index-based credit default swaps ("CDS") that, in combination, should have economic characteristics that correlate to the inverse of the North American high yield credit market. The fund is non-diversified.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 6.20M market capitalization
- Trading Volume: 2 shares traded today
- Price Range: 52-week range of $31.04 - $31.53
- Exchange: Listed on Chicago Board Options Exchange
Financial Metrics
Market Analysis for ProShares CDS Short North American HY Credit ETF
ProShares CDS Short North American HY Credit ETF (WYDE) operates in the Asset Management - Bonds industry within the Financial Services sector. With a current market capitalization of 6.20M, the company represents a significant player in its market. The stock is currently trading at $31.48 with a positivedaily change of 0.85%.
The company's substantial employee base and presence on the Chicago Board Options Exchangeexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of N/A, beta of 0.12, and 52-week price range from $31.04 to $31.53when evaluating investment opportunities.
Why Invest in ProShares CDS Short North American HY Credit ETF?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (Chicago Board Options Exchange)
- • Experienced leadership under
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.