ProShares UltraShort Semiconductors (NYSEARCA:SSG) Shares to Reverse Split on Thursday, November 20th

ProShares UltraShort Semiconductors (NYSEARCA:SSG) shares are scheduled to reverse split on the morning of Thursday, November 20th. The 1-4 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 19th.

ProShares UltraShort Semiconductors Stock Up 5.1%

Shares of SSG stock opened at $7.81 on Wednesday. The business has a 50-day moving average price of $9.02 and a two-hundred day moving average price of $12.84. ProShares UltraShort Semiconductors has a 12-month low of $6.76 and a 12-month high of $49.57.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ProShares UltraShort Semiconductors stock. Csenge Advisory Group boosted its stake in ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 29.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,928 shares of the company’s stock after purchasing an additional 8,592 shares during the period. Csenge Advisory Group owned about 2.00% of ProShares UltraShort Semiconductors worth $350,000 at the end of the most recent reporting period.

ProShares UltraShort Semiconductors Company Profile

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game.