ProShares Launches An Inverse High-Yield Bond ETF
March 23, 2011 at 14:00 PM EDT
ProShares, known for its extensive line of alternative investment styles and a large suite of leveraged and inverse funds, launched its first inverse high-yield bond exchange traded fund (ETF) on Tuesday. The intent of the new ProShares Short High Yield (NYSEArca: SJB) is to reflect the inverse, or...