ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY – Free Report)’s stock is scheduled to reverse split before the market opens on Thursday, November 20th. The 1-4 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, November 19th.
ProShares UltraPro Short Russell 2000 Trading Down 1.5%
NYSEARCA SRTY opened at $11.66 on Friday. The firm’s 50 day moving average price is $11.71 and its 200-day moving average price is $15.77. ProShares UltraPro Short Russell 2000 has a 52-week low of $10.22 and a 52-week high of $37.27.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Simplex Trading LLC bought a new position in shares of ProShares UltraPro Short Russell 2000 in the 1st quarter worth $70,000. Jump Financial LLC purchased a new position in ProShares UltraPro Short Russell 2000 in the first quarter valued at about $883,000. Lane Generational LLC purchased a new position in ProShares UltraPro Short Russell 2000 in the second quarter valued at about $4,461,000. JPMorgan Chase & Co. raised its holdings in ProShares UltraPro Short Russell 2000 by 495.3% in the second quarter. JPMorgan Chase & Co. now owns 6,608 shares of the exchange traded fund’s stock worth $113,000 after purchasing an additional 5,498 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of ProShares UltraPro Short Russell 2000 during the second quarter valued at about $347,000.
About ProShares UltraPro Short Russell 2000
ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.
Read More
- Five stocks we like better than ProShares UltraPro Short Russell 2000
- A Deeper Look at Bid-Ask Spreads
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- How to Buy Cheap Stocks Step by Step
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
- How to Use the MarketBeat Stock Screener
- CrowdStrike Partners With CoreWeave But Investors Sell the News
Receive News & Ratings for ProShares UltraPro Short Russell 2000 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro Short Russell 2000 and related companies with MarketBeat.com's FREE daily email newsletter.
