ProShares Ultra Telecommunications (NYSEARCA:LTL)’s share price dropped 0.7% on Monday . The stock traded as low as $40.35 and last traded at $40.08. Approximately 0 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 458 shares. The stock had previously closed at $40.35.

The stock’s 50 day moving average price is $40.48.

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About ProShares Ultra Telecommunications (NYSEARCA:LTL)

ProShares Ultra Telecommunications (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Select Telecommunications Index (the Index). The Dow Jones U.S. Technology Index measures providers of fixed-line and mobile telephone services. Fixed-line includes regional and long-distance carriers.

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