Proshares UltraShort MSCI EAFE Getting Very Oversold

In trading on Tuesday, shares of the Proshares UltraShort MSCI EAFE ETF (EFU) entered into oversold territory, changing hands as low as $16.85 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
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