ProShares Short S&P500 (NYSEARCA:SH) Hits New 12-Month Low at $11.02

Shares of ProShares Short S&P500 (NYSEARCA:SH) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $11.02 and last traded at $11.03, with a volume of 11446842 shares trading hands. The stock had previously closed at $11.24.

ProShares Short S&P500 Stock Performance

The business has a fifty day simple moving average of $11.39 and a 200 day simple moving average of $11.73.

Institutional Trading of ProShares Short S&P500

Institutional investors have recently made changes to their positions in the company. Transcendent Capital Group LLC purchased a new position in ProShares Short S&P500 in the fourth quarter valued at about $40,000. SageView Advisory Group LLC bought a new stake in shares of ProShares Short S&P500 in the first quarter valued at $77,000. Kornitzer Capital Management Inc. KS purchased a new position in shares of ProShares Short S&P500 during the 2nd quarter valued at $114,000. Thomasville National Bank bought a new position in shares of ProShares Short S&P500 during the 1st quarter worth $132,000. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO purchased a new stake in ProShares Short S&P500 in the 1st quarter worth about $187,000.

About ProShares Short S&P500

ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts.