ProShares Short S&P500 (NYSEARCA:SH) Trading Down 6.4% – Here’s Why

Posted by Linda Flegge on Apr 12th, 2025

ProShares Short S&P500 (NYSEARCA:SH – Get Free Report) traded down 6.4% during mid-day trading on Wednesday . The company traded as low as $47.19 and last traded at $46.73. 17,073,502 shares traded hands during mid-day trading, an increase of 166% from the average session volume of 6,417,596 shares. The stock had previously closed at $49.94.

ProShares Short S&P500 Price Performance

The stock’s 50 day moving average price is $43.85 and its 200 day moving average price is $42.89.

ProShares Short S&P500 Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.3115 per share. The ex-dividend date was Wednesday, March 26th.

Institutional Investors Weigh In On ProShares Short S&P500

A number of hedge funds have recently added to or reduced their stakes in SH. Stratos Wealth Advisors LLC bought a new position in shares of ProShares Short S&P500 during the 4th quarter worth approximately $8,319,000. Mirador Capital Partners LP lifted its position in shares of ProShares Short S&P500 by 85.8% during the 1st quarter. Mirador Capital Partners LP now owns 371,316 shares of the real estate investment trust’s stock valued at $16,546,000 after acquiring an additional 171,418 shares during the period. Wakefield Asset Management LLLP boosted its stake in ProShares Short S&P500 by 63.8% during the fourth quarter. Wakefield Asset Management LLLP now owns 208,043 shares of the real estate investment trust’s stock worth $8,817,000 after acquiring an additional 81,033 shares in the last quarter. Stableford Capital II LLC acquired a new stake in ProShares Short S&P500 in the fourth quarter worth $3,112,000. Finally, Beacon Pointe Advisors LLC bought a new stake in ProShares Short S&P500 in the fourth quarter valued at $3,072,000.

ProShares Short S&P500 Company Profile

(Get Free Report)

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.