SCO · NYSE

ProShares UltraShort Bloomberg Crude Oil (SCO)

$22.59
Pre-market+0.04 (+0.20%)
At close$22.55(+0.20%)
  1. Bank of New York Mellon Corp Takes $832,000 Position in ProShares UltraShort Bloomberg Crude Oil $SCO

    Defense World

    Bank of New York Mellon Corp bought a new stake in shares of ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO) during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 100,001 shares of the exchange traded fund's stock, valued

  2. SCO: Excellent On Its Day, But Timing Is Everything

    Seeking Alpha

    ProShares UltraShort Bloomberg Crude Oil ETF is designed for short-term, leveraged bearish exposure to oil prices, not for long-term holding. SCO's structure causes significant time decay and tracking error over periods longer than a few days, making it unsuitable for buy-and-hold strategies. SCO is best used for tactical speculation or as a short-term hedge during periods of heightened oil price volatility, such as current Middle East tensions.

  3. Here Are Thursday’s Top Wall Street Analyst Research Calls: Akamai Technologies, Astra-Zeneca, Brinker, e.l.f. Beauty, Freeport-McMoran, Vale, Wingstop, Wix.com, and More

    247 Wallst

    Pre-Market Stock Futures: Risk-on appeared back, at least for the last two days, as the stock market put together another rally on Wednesday, with hopes for an end to the war in Iran and some solid economic data teaming up to push stocks higher, though not at the frenetic level of Tuesday's rally. However, the... Here Are Thursday's Top Wall Street Analyst Research Calls: Akamai Technologies, Astra-Zeneca, Brinker, e.l.f. Beauty, Freeport-McMoran, Vale, Wingstop, Wix.com, and More.

  4. ProShares UltraShort Bloomberg Crude Oil ETF: Still Not For Investors

    Seeking Alpha

    ProShares UltraShort Bloomberg Crude Oil ETF (SCO) is rated a strong sell due to high risk and poor long-term prospects for most investors. Leveraged ETFs like SCO require precise market timing to make money. Small errors can result in substantial losses, especially during volatile events like the Iran crisis.

  5. SCO: Past Year Shows How Shorting Oil With Inverse ETFs Is Very Challenging

    Seeking Alpha

    ProShares UltraShort Bloomberg Crude Oil ETF is a double inverse, leveraged play on crude oil futures. SCO is designed strictly for short-term trading, not long-term holding, due to roll yield, expenses, and volatility. Current oil market conditions do not justify a bearish bet via SCO, given limited downside in crude prices.

  6. ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO) Share Price Pass Above Two Hundred Day Moving Average – Time to Sell?

    Defense World

    ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $17.98 and traded as high as $20.46. ProShares UltraShort Bloomberg Crude Oil shares last traded at $20.26, with a volume of

  7. Flow Traders U.S. LLC Takes Position in ProShares UltraShort Bloomberg Crude Oil $SCO

    Defense World

    Flow Traders U.S. LLC purchased a new position in shares of ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO) during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 31,170 shares of the exchange traded fund's stock, valued at approximately $563,000.

  8. NETSOL Technologies China Signs Strategic Agreement at the SCO Summit 2025

    GlobeNewsWire

    ENCINO, Calif., July 15, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, participated at the Shanghai Cooperation Organization (SCO) Summit in Tianjin, China this past week on July 11, 2025, where it signed a strategic cooperation agreement with Tianjin Binhai Smart Group Co., Ltd.

  9. A Potentially Highly Profitable Strategy For These Highly Volatile Oil Prices

    Seeking Alpha

    I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity to sell options for premium income. Leveraged oil ETFs like UCO and SCO have disastrous long-term returns due to volatility drag and daily compounding, making them unsuitable for buy-and-hold strategies. Neutral options strategies like Call Ratio or Twisted Sister on the -2x leveraged SCO can bring ~75% ROI until January '26, with naturally limited WTI downside.

  10. SCO: Perfectly Sensible Speculative Tool, But Not A Hold

    Seeking Alpha

    SCO is designed as a short-term, speculative tool for betting against WTI crude oil futures, not for long-term holding or investment. The fund's construction—using futures and daily leverage resets—causes performance decay and divergence from its benchmark over time. Liquidity, tight spreads, and low costs make SCO suitable for active traders seeking leveraged exposure to short-term oil price declines.

  11. SCO: I Don't See A Case For Shorting Crude Oil In 2025

    Seeking Alpha

    ProShares UltraShort Bloomberg Crude Oil ETF aims to return double the inverse of crude oil futures, offering amplified returns when oil is overbought. In early 2024, I observed a bearish sentiment on oil, which, I believed, was misguided. I advise followers to avoid bearish instruments like SCO for the year ahead, as I think crude will drift higher, not lower.

  12. Inverse Oil ETFs to Play as Oil Slips to Lowest Level Since 2021?

    Zacks Investment Research

    Oil prices declined more than 3% on Sept. 10, 2024, and fell to the lowest level since 2021 as OPEC lowers demand growth forecast.

  13. SCO: With The OPEC Meeting Behind Us, Oil Prices Will Stay Supported

    Seeking Alpha

    This article analyzes the ProShares UltraShort Bloomberg Crude Oil ETF within the context of the recent OPEC meeting and its impact on oil prices. OPEC+ extended oil production cuts to support prices and government budgets, in a meeting led by Saudi Arabia. This indicates OPEC's commitment to maintaining a certain price floor for oil. SCO is a leveraged short oil fund, not suitable for buy-and-hold investors.

  14. SCO: The 'Short Crude' Play Could Continue To Be Painful

    Seeking Alpha

    SCO is a double short instrument that returns double the inverse of crude oil futures contracts. I advise against investing in SCO due to my belief that WTI crude is set to rise in the months ahead. My favorable outlook on crude oil means avoiding SCO is likely the right play. I explain why in this review.

  15. SCO: Shorting Oil Is Too Crowded Of A Trade

    Seeking Alpha

    ProShares UltraShort Bloomberg Crude Oil ETF is a double short instrument that provides investors with an amplified return on their bet when oil is overbought. Shorting any underlying stock or commodity comes with heightened risks, so caution should be exercised when considering SCO as an investment option. With oil prices dropping and money managers betting on further declines, SCO may seem tempting, but its risks should be carefully considered.

  16. SCO ETF: Assessing The Shorting Opportunity After OPEC+

    Seeking Alpha

    Saudi Arabia's voluntary production cut of one million bpd at the recent OPEC+ meeting can basically be viewed as attempting to create a floor for crude prices by limiting supply. In addition, there are demand-related factors which favor higher prices. However, a recent trade opportunity to Short the ProShares UltraShort Bloomberg Crude Oil ETF (SCO) has elapsed.

  17. SCO: The Window Of Opportunity Has Probably Elapsed

    Seeking Alpha

    SCO, as its very name implies, enables traders to profit from the bearishness of the oil market. It has provided better performance than DRIP, another shorting ETF during the last month due to its WTI futures holdings, instead of stocks.

  18. Top Performing Leveraged/Inverse ETFs: 08/07/2022

    ETF Trends

    Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

  19. SCO: A Short Oil Position And How It Can Be Used

    Seeking Alpha

    SCO is a double-short oil ETF. But its Index does not match 2X returns of the nearby NYMEX futures contract.

  20. SCO: More Supply Could Start To Weigh On Crude Prices

    Seeking Alpha

    Crude oil was a top performing asset class in 2021. As a result, investors in SCO were punished severely. Despite this backdrop, I think crude may be nearing a top, making short positions less risky now than they have been in recent past.