ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 487 shares, a decline of 73.6% from the September 30th total of 1,848 shares. Based on an average trading volume of 1,743 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold.
ProShares Short SmallCap600 Stock Down 1.6%
NYSEARCA:SBB traded down $0.37 during midday trading on Thursday, hitting $23.14. The company had a trading volume of 1,284 shares, compared to its average volume of 3,320. ProShares Short SmallCap600 has a 52-week low of $21.76 and a 52-week high of $29.56. The stock’s fifty day moving average price is $23.41 and its 200-day moving average price is $24.08.
ProShares Short SmallCap600 Company Profile
ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.
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