NYSE Unusual Volume: ProShares Short MidCap400 (ETF) (NYSEARCA:MYY), SK Telecom (NYSE:SKM), Mallinckrodt PLC (NYSE:MNK), KCG Holdings (NYSE:KCG)

ProShares Short MidCap400 (ETF) (NYSEARCA:MYY), one of the leading suppliers of alternative exchange traded funds has launched an ETF that focuses primarily on infrastructure. The company last month announced the launch of ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) which is first of its kind which focuses on company’s related to infrastructure operations. According to ProShare Advisors LLC Chairman and CEO, Michael Sapir the opportunities in the Infrastructure investment are significantly growing due the increasing demands globally. The new ETF TOLZ covers companies which have at least 70% of their cash generated from its infrastructure possessions such as ports, toll roads, communications, airports, oil and gas storage and transport, electricity distribution and water in both urbanized and up-and-coming markets. ProShares Short MidCap400 (ETF) (NYSEARCA:MYY), shares after opening at $17.96 moved to $18.30 on last trade day and at the end of the day closed at $18.28. ProShares Short MidCap400 (ETF) (NYSEARCA:MYY), showed a positive weekly performance of 2.70%.

South Korean wireless operator, SK Telecom Co. LTD. and Nokia Solutions and Networks (NSN), a division of Nokia Corp. recently jointly commercialized the Uplink CoMP (Uplink Cooperative Multi Point) technology. This marks the first commercialization of Uplink CoMP technology in the world. Currently, both Nokia and SK Telecom carry a Zacks Rank #1 (Strong Buy). SK Telecom Co. Ltd. (ADR) (NYSE:SKM), shares fell 3.44% in last trading session and ended the day on $20.76. SK Telecom Co. Ltd. (ADR) (NYSE:SKM), return on equity ratio is recorded as 20.10% and its return on assets is 9.70%. SK Telecom Co. Ltd. (ADR) (NYSE:SKM), yearly performance is 14.63%.

Shareholder rights attorneys at Robbins Arroyo LLP is investigating the proposed acquisition of Questcor Pharmaceuticals, Inc. QCOR -1.08% by Mallinckrodt PLC (NYSE:MNK). On April 7, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which Questcor shareholders will receive $30.00 per share in cash and 0.897 Mallinckrodt shares for each for each share of Questcor common stock, for a total consideration of $86.10 per share. Mallinckrodt PLC (NYSE:MNK), shares moved down 2.51% in last trading session and was closed at $60.95, while trading in range of $ 56.12 – 65.27. Mallinckrodt PLC (NYSE:MNK), year to date (YTD) performance is 16.63%.

KCG Holdings, Inc. (KCG – Snapshot Report) saw a big move last session, as the company’s shares fell nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for KCG, as the stock is down over 16% since Mar 10. KCG Holdings, Inc. (NYSE:KCG), weekly performance is -17.18%. On last trading day company shares ended up $9.88. KCG Holdings, Inc. (NYSE:KCG), distance from 50-day simple moving average (SMA50) is -15.68%. Analysts mean target Price for the company is $3.26.