ProShares UltraShort Yen (YCS)Trading--Miscellaneous | Exchange Traded Fund | NYSEArca
55.43 USD
+0.46
(0.837%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 56.10 +0.67 (1.209%) ⇧ (Aug. 28, 2026, 7:50 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:51 a.m. EDT
The short-term outlook remains neutral due to conflicting signals: the statistical model hints at a slight upward drift, yet the options market is screaming for a crash. The massive concentration of put open interest at the $45 level acts as a heavy anchor, suggesting traders are betting hard on a reversal of the recent yen rally. Given that this is a leveraged inverse ETF, a drop in the yen (which the options are pricing in) would cause this fund to surge, but the current pricing implies the market fears the yen will strengthen again, crushing the fund. Long-term, the asset is fundamentally neutral; it is a synthetic vehicle tracking currency fluctuations with no intrinsic business value, and the nine-year price history shows a massive cumulative gain driven entirely by the yen's depreciation, which is now showing signs of exhaustion. With no dividends and a structure that erodes value during periods of low volatility, it offers no safety margin. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.028651 |
| AutoETS | 0.030463 |
| AutoTheta | 0.030802 |
| AutoARIMA | 0.043743 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 57% |
| H-stat | 10.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.546 |
| Excess Kurtosis | -0.65 |
As of Aug. 22, 2026, 2:51 a.m. EDT: Speculators are heavily positioning for downside protection via out-of-the-money puts, evidenced by massive open interest at the $45 strike compared to negligible call volume. This 'bear put' skew suggests a consensus expectation of a sharp decline in the fund's price (a rise in the yen), likely driven by the recent news of yen surges and capital outflows. While ATM call IV is elevated, the sheer volume disparity in OTM puts indicates fear of a rapid correction rather than a bullish breakout.
| Attribute | Value |
|---|---|
| All Time High | 78.38 |
| All Time Low | 9.93 |
| Ask | 57.1 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 17,330 |
| Average Daily Volume3 Month | 29,975 |
| Average Volume | 29,975 |
| Average Volume10Days | 17,330 |
| Beta3 Year | -28.12 |
| Bid | 53.45 |
| Bid Size | 600 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 55.55 |
| Day Low | 55.15 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 55.703 |
| Fifty Day Average Change | -0.2729988 |
| Fifty Day Average Change Percent | -0.0049009714 |
| Fifty Two Week Change Percent | 23.722708 |
| Fifty Two Week High | 57.92 |
| Fifty Two Week High Change | -2.4899979 |
| Fifty Two Week High Change Percent | -0.042990297 |
| Fifty Two Week Low | 42.92 |
| Fifty Two Week Low Change | 12.510002 |
| Fifty Two Week Low Change Percent | 0.29147258 |
| Fifty Two Week Range | 42.92 - 57.92 |
| First Trade Date Milliseconds | 1,227,623,400,000 |
| Five Year Average Return | 0.2368071 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.459999 |
| Fullday Change Percent | 0.836818 |
| Fullday Price | 56.1 |
| Fund Family | ProShares |
| Fund Inception Date | 1,227,484,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments based on the fund’s benchmark. It will also hold cash or cash equivalents such as U.S. Treasury securities or other high credit quality, short-term fixed-income or similar securities as collateral for Financial Instruments and pending investment in Financial Instruments. |
| Long Name | ProShares UltraShort Yen |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_51150762 |
| Nav Price | 54.952 |
| Net Assets | 29,838,332.0 |
| Net Expense Ratio | 0.98 |
| Open | 55.12 |
| Phone | 240-497-6400 |
| Post Market Change | 0.66999817 |
| Post Market Change Percent | 1.2087284 |
| Post Market Price | 56.1 |
| Post Market Time | 1,787,961,011 |
| Previous Close | 54.97 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.459999 |
| Regular Market Change Percent | 0.836818 |
| Regular Market Day High | 55.55 |
| Regular Market Day Low | 55.15 |
| Regular Market Day Range | 55.15 - 55.55 |
| Regular Market Open | 55.12 |
| Regular Market Previous Close | 54.97 |
| Regular Market Price | 55.43 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 9,719 |
| Short Name | ProShares UltraShort Yen New |
| Source Interval | 15 |
| Symbol | YCS |
| Three Year Average Return | 0.15639539 |
| Total Assets | 29,838,332 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 5.17657 |
| Trailing Three Month Returns | 5.17657 |
| Triggerable | 1 |
| Two Hundred Day Average | 52.8665 |
| Two Hundred Day Average Change | 2.5634995 |
| Two Hundred Day Average Change Percent | 0.048490055 |
| Type Disp | ETF |
| Volume | 9,719 |
| Yield | 0.0 |
| Ytd Return | 7.04289 |