News Oil & Gas

ProShares Ultra Oil & Gas: Moving From Sell To Hold

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Aerial photo of large storage tank

Jinli Guo/iStock via Getty Images

Thesis

ProShares Ultra Oil & Gas ETF (NYSEARCA:DIG) seeks daily investment results that are 2x the daily performance of the Dow Jones U.S. Oil & Gas Index. In December 2022 we looked at the name and initiated coverage

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WTI Price (TradingView)

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Performance (Seeking Alpha)

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Holdings (Fact Sheet)

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Positioning (Dimars Capital)

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