ProShares UltraShort Gold (NYSEARCA:GLL) Share Price Cross Above 200 Day Moving Average – Here’s What Happened

Posted by ABMN Staff on May 29th, 2026

Shares of ProShares UltraShort Gold (NYSEARCA:GLL – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $21.95 and traded as high as $22.63. ProShares UltraShort Gold shares last traded at $21.84, with a volume of 3,576,878 shares trading hands.

ProShares UltraShort Gold Trading Down 2.0%

The firm’s 50 day moving average is $20.61 and its 200 day moving average is $21.95.

Institutional Trading of ProShares UltraShort Gold

Several institutional investors and hedge funds have recently added to or reduced their stakes in GLL. JPMorgan Chase & Co. acquired a new stake in ProShares UltraShort Gold during the second quarter valued at approximately $55,000. Bank of America Corp DE lifted its stake in ProShares UltraShort Gold by 55,280.0% during the second quarter. Bank of America Corp DE now owns 8,307 shares of the exchange traded fund’s stock valued at $185,000 after purchasing an additional 8,292 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of ProShares UltraShort Gold in the 2nd quarter valued at approximately $809,000. Two Sigma Securities LLC purchased a new stake in shares of ProShares UltraShort Gold in the 2nd quarter valued at approximately $336,000. Finally, Genesis Financial Group LLC purchased a new stake in shares of ProShares UltraShort Gold in the 4th quarter valued at approximately $2,395,000.

ProShares UltraShort Gold Company Profile

(Get Free Report)

ProShares UltraShort Gold (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of gold bullion as measured by the United States dollar p.m. fixing price for delivery in London. The Fund will not directly or physically hold the underlying gold, but instead, will seek exposure to gold through the use of financial instruments, whose value is based on the underlying price of gold to pursue their investment objective. The benchmark price of gold will be the United States dollar price of gold bullion as measured by the London afternoon fixing price per troy ounce of unallocated gold bullion for delivery in London through a member of the London Bullion Market Association (LBMA) authorized to effect such delivery.