ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) Announces Quarterly Dividend of $0.14

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) declared a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.1389 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Wednesday, September 23rd. This is a 1.7% increase from ProShares UltraShort Nasdaq Biotechnology’s previous quarterly dividend of $0.14.

ProShares UltraShort Nasdaq Biotechnology Price Performance

Shares of ProShares UltraShort Nasdaq Biotechnology stock traded up $0.38 during midday trading on Wednesday, reaching $11.50. The company had a trading volume of 5,669 shares, compared to its average volume of 7,914. The stock has a fifty day moving average price of $12.27 and a 200 day moving average price of $15.17. ProShares UltraShort Nasdaq Biotechnology has a fifty-two week low of $10.51 and a fifty-two week high of $28.20.

ProShares UltraShort Nasdaq Biotechnology Company Profile

ProShares Ultra Nasdaq Biotechnology (the Fund) seeks investment results for a single day only, not for longer periods. The Fund seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Index. The return of the Fund for a period longer than a single trading day will be the result of each day’s returns compounded over the period, which will very likely differ from twice (200%) the return of the Nasdaq Biotechnology Index (the Index) for that period.