Shares of ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 trading hands.
ProShares Short SmallCap600 Price Performance
The firm has a 50-day simple moving average of $15.25 and a two-hundred day simple moving average of $14.72.
ProShares Short SmallCap600 Cuts Dividend
The company also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th were paid a dividend of $0.1188 per share. The ex-dividend date 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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