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UCO: Large Outflows Detected at ETF

Forbes - 31 Dec 2012 18:20
UCO: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Proshares Ultra DJ-UBS Crude Oil (AMEX: UCO) where we have detected an approximate $28.8 million dollar outflow -- that's a 5.6% decrease week over week (from 17,849,170 to 16,849,170).
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