ProShares Short S&P500 (NYSEARCA:SH) Shares Gap Up – What’s Next?

Posted by James Conley on Apr 5th, 2025

ProShares Short S&P500 (NYSEARCA:SH – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $44.14, but opened at $45.69. ProShares Short S&P500 shares last traded at $45.82, with a volume of 2,082,488 shares trading hands.

ProShares Short S&P500 Stock Performance

The company has a 50-day moving average of $43.00 and a two-hundred day moving average of $42.73.

ProShares Short S&P500 Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were given a $0.3115 dividend. The ex-dividend date was Wednesday, March 26th.

Hedge Funds Weigh In On ProShares Short S&P500

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Golden State Wealth Management LLC bought a new position in shares of ProShares Short S&P500 during the fourth quarter valued at $31,000. JPMorgan Chase & Co. purchased a new stake in ProShares Short S&P500 during the 4th quarter valued at about $78,000. Sanctuary Advisors LLC bought a new stake in ProShares Short S&P500 during the 3rd quarter valued at about $111,000. Captrust Financial Advisors raised its holdings in ProShares Short S&P500 by 5.8% in the third quarter. Captrust Financial Advisors now owns 16,288 shares of the real estate investment trust’s stock worth $177,000 after buying an additional 889 shares during the last quarter. Finally, Ancora Advisors LLC lifted its stake in shares of ProShares Short S&P500 by 29.6% in the fourth quarter. Ancora Advisors LLC now owns 4,375 shares of the real estate investment trust’s stock worth $185,000 after buying an additional 1,000 shares in the last quarter.

About ProShares Short S&P500

(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.