ProShares UltraShort FTSE Europe Price & Performance (EPV)

Defiance Daily Target 2x Long Uranium ETF (URAX) has completed a cash merger, resulting in its shares being removed from trading. Shareholders will receive $8.02 per share in cash. This move follows a broader trend of ETF consolidations and delistings, impacting investor options in the uranium sector.1

ProShares UltraShort S&P500 (SDS) closed at $22.27, down 3.22% over the past five days. The ETF, which targets -2x the daily performance of the S&P 500, has also dropped 3.8% since January, though it remains up 13.2% year-to-date, reflecting recent market volatility.2

A prominent Wall Street analyst has recommended European stocks, highlighting a specific ETF as a strong vehicle for exposure. This comes amid renewed optimism for the region’s markets, which have lagged behind U.S. equities but now show signs of improved fundamentals and potential for growth.3