ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.70 and traded as high as $16.06. ProShares Short SmallCap600 shares last traded at $16.05, with a volume of 954 shares changing hands.
ProShares Short SmallCap600 Stock Performance
The company has a fifty day moving average price of $15.16 and a 200-day moving average price of $14.70.
ProShares Short SmallCap600 Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were paid a $0.1188 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.
About ProShares Short SmallCap600
ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.
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