ProShares Short SmallCap600 (NYSEARCA:SBB) Stock Price Cross Above Two Hundred Day Moving Average – Here’s Why

ProShares Short SmallCap600 (NYSEARCA:SBBGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.11 and traded as high as $16.22. ProShares Short SmallCap600 shares last traded at $16.22, with a volume of 4,826 shares changing hands.

ProShares Short SmallCap600 Price Performance

The business has a fifty day simple moving average of $16.50 and a 200-day simple moving average of $15.11.

About ProShares Short SmallCap600

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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.

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