ProShares UltraPro Short MidCap400 (NYSEARCA:SMDD) Stock Price Down 0.8%

ProShares UltraPro Short MidCap400 (NYSEARCA:SMDD)’s share price were down 0.8% during trading on Tuesday . The stock traded as low as $6.05 and last traded at $6.09, approximately 301 shares traded hands during mid-day trading. A decline of 98% from the average daily volume of 19,538 shares. The stock had previously closed at $6.14.

The company’s 50-day moving average is $6.39 and its 200 day moving average is $7.42.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were given a $0.0139 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.94%. The ex-dividend date was Tuesday, December 24th.

An institutional investor recently bought a new position in ProShares UltraPro Short MidCap400 stock. Virtu Financial LLC purchased a new position in ProShares UltraPro Short MidCap400 (NYSEARCA:SMDD) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 37,906 shares of the company’s stock, valued at approximately $289,000. Virtu Financial LLC owned 10.27% of ProShares UltraPro Short MidCap400 at the end of the most recent quarter.

ProShares UltraPro Short MidCap400 Company Profile (NYSEARCA:SMDD)

ProShares UltraPro Short MidCap400 ETF is an exchange traded fund, which seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the S&P MidCap 400 Index. The ETF seeks a return of -300% of the return of an index (target) for a single day. The S&P MidCap 400 Index is a used measure of mid-size company United States stock market performance.

Recommended Story: Trading Penny Stocks

Receive News & Ratings for ProShares UltraPro Short MidCap400 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro Short MidCap400 and related companies with MarketBeat.com's FREE daily email newsletter.