ProShares Short SmallCap600 (NYSEARCA:SBB – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.30 and traded as high as $15.55. ProShares Short SmallCap600 shares last traded at $15.47, with a volume of 7,489 shares.
ProShares Short SmallCap600 Price Performance
The business’s 50-day moving average is $16.41 and its two-hundred day moving average is $15.30.
About ProShares Short SmallCap600
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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