What is ZSL stock and how does it work?

ZSL stock is ProShares UltraShort Silver ETF on AMEX that seeks **-2x** the daily return of the Bloomberg Silver Subindex using swaps and futures. It is designed for short-term inverse exposure and is not suitable for buy-and-hold strategies due to compounding.

Why did ZSL stock spike pre-market on 02 Feb 2026?

ZSL stock spiked on heavy trading after a sharp move in silver futures and margin-related flows. Volume surged to **1,002,244,056.00** and relVolume reached **9.85**, indicating speculative and tactical positioning drove the move.

What is Meyka AI’s forecast and grade for ZSL stock?

Meyka AI rates ZSL **62.54/100 (Grade B, HOLD)**. Meyka AI's forecast model projects **$2.31** in one month from the current **$2.36**, implying **-2.12%**. Forecasts are model projections and not guarantees.

How should traders manage risk with ZSL stock?

Traders should use tight stops and limit exposure duration because ZSL’s inverse leverage causes path-dependent outcomes. Monitor ATR **0.69**, intraday ranges, and silver futures moves to manage position sizing and stops.

US Stocks

ZSL ProShares UltraShort Silver (AMEX) +49.37% pre-market 02 Feb 2026: watch

ByHuzaifa Zahoor February 2, 2026February 2, 2026

ZSL stock surged 49.37% pre-market to $2.36 on heavy trading, making ProShares UltraShort Silver one of the most active tickers on the AMEX on 02 Feb 2026. The exchange-traded fund seeks -2x daily exposure to silver and reacts sharply to metal volatility. Volume hit 1,002,244,056 shares versus an average of 100,796,627, signaling outsized flows into short silver positioning. Traders should note the fund’s inverse leveraged structure and the steep year-to-date and multi-year declines that amplify both gains and losses.