ProFunds brings two new exchange-traded funds to market today, the ProShares UltraShort FTSE/Xinhua 25 ETF and the ProShares UltraShort MSCI Japan ETF. Both short stocks in those markets, seeking twice the inverse of the daily movement of the underlying index.

ProShares now manages a total of 58 ETFs, with 35 of them providing short exposure.

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