ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $23.50 and traded as high as $23.85. ProShares Short SmallCap600 shares last traded at $23.85, with a volume of 2,094 shares changing hands.
ProShares Short SmallCap600 Trading Up 3.7%
The business has a 50-day simple moving average of $23.50 and a 200 day simple moving average of $24.02.
ProShares Short SmallCap600 Company Profile
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. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.
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