Tuesday's ETF with Unusual Volume: RALS
ETF Channel Staff - Tuesday, May 29, 1:27 PMThe Proshares RAFIÆ Long/Short ETF (RALS) is seeing unusually high volume in afternoon trading Tuesday, with over 140,000 shares traded versus three month average volume of about 40,000. Shares of RALS were up about 0.2% on the day.
Components of that ETF with the highest volume on Tuesday were Bank of America (BAC), trading up about 1.3% with over 62.3 million shares changing hands so far this session, and Sprint Nextel (S), up about 0.2% on volume of over 28.1 million shares. Terex (TEX) is the component faring the best Tuesday, up by about 7.8% on the day, while Rite Aid (RAD) is lagging other components of the Proshares RAFIÆ Long/Short ETF, trading lower by about 5.3%.