Highlights
AMEX: SBM       Basic Materials Short Proshares
Last Price Today's Change   Day's Range   Trading Volume
14.354   +0.373 (2.67%)  14.354 - 14.354  100

Overview

 
Avg Volume (4 weeks):285
4 Weeks Range:13.875 - 14.713
4 Weeks Price Volatility (%):
57.16%
52 Weeks Range:13.805 - 26.82
52 Weeks Price Volatility (%):
4.22%
Average Price Target:-

Headlines



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Business Background

ProShares Short Basic Materials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of Dow Jones U.S. Basic Materials Index (the Index). The Index measures the performance of the basic materials industry of the United States equity market. The Fund invests in derivatives as a substitute for directly shorting stocks in order to gain inverse exposure to the Index. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index. The Fund also invests in short-term cash instruments that have terms to maturity of less than 397 days and exhibit credit profiles. ProShare Advisors LLC is the investment advisor of the Fund.

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