ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) Chairman Charles M. Diker sold 4,278 shares of the business’s stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $107.05, for a total transaction of $457,959.90. Following the completion of the sale, the chairman now directly owns 3,052,678 shares in the company, valued at approximately $326,789,179.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) opened at $80.17 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.31 and a quick ratio of 1.36. ProShares UltraShort DJ-UBS Commodity has a 1 year low of $37.21 and a 1 year high of $86.30.
ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) last posted its quarterly earnings results on Thursday, December 7th. The medical instruments supplier reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. ProShares UltraShort DJ-UBS Commodity had a net margin of 9.02% and a return on equity of 16.70%. The firm had revenue of $212.80 million for the quarter, compared to analyst estimates of $207.72 million. During the same period in the prior year, the firm posted $0.51 earnings per share. The company’s quarterly revenue was up 13.4% compared to the same quarter last year.
The company also recently declared a dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Tuesday, January 16th.
A number of analysts have recently commented on CMD shares. Raymond James Financial reissued a “hold” rating on shares of ProShares UltraShort DJ-UBS Commodity in a research report on Monday, December 4th. Zacks Investment Research lowered shares of ProShares UltraShort DJ-UBS Commodity from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, Needham & Company LLC reissued a “hold” rating on shares of ProShares UltraShort DJ-UBS Commodity in a research report on Thursday, December 7th.
ProShares UltraShort DJ-UBS Commodity Company Profile
ProShares UltraShort DJ-UBS Commodity (the Fund), formerly ProShares UltraShort DJ-AIG Commodity is an exchange-traded fund (ETF). The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones-UBS Commodity Index. The Dow Jones-UBS Commodity Index allows investors to track the commodity futures market.
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