ProShares Short SmallCap600 (NYSEARCA:SBB) Shares Pass Above 200-Day Moving Average – Here’s What Happened

ProShares Short SmallCap600 (NYSEARCA:SBBGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $15.39 and traded as high as $15.51. ProShares Short SmallCap600 shares last traded at $15.51, with a volume of 505 shares trading hands.

ProShares Short SmallCap600 Stock Down 1.2%

The business’s 50 day moving average is $16.15 and its 200-day moving average is $15.39.

ProShares Short SmallCap600 Company Profile

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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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