The Proshares RAFI Long/Short ETF (AMEX:RALS) is seeing unusually high volume in afternoon trading Wednesday, with over 158,000 shares traded versus three month average volume of about 34,000. Shares of RALS were up about 0.2% on the day.
Components of that ETF with the highest volume on Wednesday were Microsoft (NASDAQ:MSFT), trading down about 2.2% with over 58.1 million shares changing hands so far this session, and Micron Tech (NASDAQ:MU), up about 8.8% on volume of over 51.3 million shares. SAIC (SAI) is lagging other components of the Proshares RAFI Long/Short ETF Wednesday, trading lower by about 5%.
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