ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) Plans $0.11 Quarterly Dividend

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) announced a quarterly dividend on Tuesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Wednesday, June 25th will be given a dividend of 0.108 per share on Tuesday, July 1st. This represents a $0.43 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Wednesday, June 25th.

ProShares UltraShort Nasdaq Biotechnology Stock Performance

BIS opened at $17.65 on Thursday. ProShares UltraShort Nasdaq Biotechnology has a 1 year low of $14.05 and a 1 year high of $25.87. The stock’s 50 day simple moving average is $18.73 and its 200-day simple moving average is $18.12.

ProShares UltraShort Nasdaq Biotechnology Company Profile

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.