ProShares UltraShort Nasdaq Biotechnology (BIS) to Issue Dividend of $0.15 on October 2nd

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) announced a dividend on Tuesday, September 24th, NASDAQ reports. Stockholders of record on Wednesday, September 25th will be paid a dividend of 0.1518 per share on Wednesday, October 2nd. The ex-dividend date is Wednesday, September 25th.

ProShares UltraShort Nasdaq Biotechnology Stock Performance

Shares of NASDAQ:BIS opened at $15.52 on Thursday. ProShares UltraShort Nasdaq Biotechnology has a 52 week low of $14.05 and a 52 week high of $26.51. The company’s fifty day moving average is $14.97 and its 200-day moving average is $16.82.

About ProShares UltraShort Nasdaq Biotechnology

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.