ProShares Short Euro
EUFX
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Jun 26, 2012
- CIK
- 0001415311
- Similar Companies
- Business
- ProShares Short Euro (EUFX) is an exchange-traded fund that provides inverse (-1x) daily performance to the spot price of the euro versus the U.S. dollar. The fund invests in the currency markets through short positions in derivatives such as euro futures contracts traded on exchanges like the Chicago Mercantile Exchange. It offers investors a tool to profit from or hedge against euro depreciation relative to the dollar; utilizes financial instruments including swap agreements and forward contracts with major counterparties; and maintains cash equivalents and short-term securities for collateral and liquidity purposes. Launched on June 26, 2012, by ProShare Capital Management LLC under ProShares Trust II, the fund is co-managed by ProFund Advisors LLC and ProShare Advisors LLC, with headquarters in Bethesda, Maryland. The ETF primarily targets institutional and retail investors seeking tactical currency exposure in the leveraged and inverse ETF segment; operates exclusively within U.S. exchange-traded markets on NYSE Arca; and forms part of ProShares' broader lineup of over 150 ETFs focused on equity, fixed income, commodity, and volatility strategies. In a significant operational change, ProShares announced the closure and liquidation of EUFX on March 11, 2022, with trading suspended prior to market open on May 3, 2022, and final distributions completed thereafter due to an ongoing review of market needs and shareholder feedback. No subsequent relaunches, partnerships, or strategic shifts involving EUFX have occurred, reflecting ProShares' focus on higher-demand products amid evolving currency ETF dynamics.