ProShares Short S&P500 Stock to Reverse Split on Thursday, November 7th (NYSEARCA:SH)

Shares of ProShares Short S&P500 (NYSEARCA:SH) are scheduled to reverse split before the market opens on Thursday, November 7th. The 1-4 reverse split was announced on Monday, October 28th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 6th.

ProShares Short S&P500 Stock Performance

SH stock opened at $10.98 on Friday. The business has a 50 day moving average price of $11.02 and a 200 day moving average price of $11.47. ProShares Short S&P500 has a fifty-two week low of $10.65 and a fifty-two week high of $14.60.

Institutional Trading of ProShares Short S&P500

Several institutional investors have recently modified their holdings of the stock. Nvwm LLC purchased a new position in shares of ProShares Short S&P500 in the 3rd quarter valued at $46,000. SageView Advisory Group LLC purchased a new stake in ProShares Short S&P500 in the first quarter valued at $77,000. Kornitzer Capital Management Inc. KS acquired a new position in ProShares Short S&P500 in the second quarter valued at $114,000. Brookstone Capital Management purchased a new position in shares of ProShares Short S&P500 during the third quarter worth about $145,000. Finally, XTX Topco Ltd acquired a new stake in shares of ProShares Short S&P500 during the second quarter worth about $233,000.

ProShares Short S&P500 Company Profile

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.