ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY) Trading 5.8% Higher

ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY)’s share price shot up 5.8% during trading on Tuesday . The stock traded as high as $25.72 and last traded at $25.56, 1,546,700 shares were traded during mid-day trading. An increase of 98% from the average session volume of 781,551 shares. The stock had previously closed at $24.16.

The stock’s 50 day moving average price is $24.92 and its 200 day moving average price is $24.70.

The business also recently disclosed a — dividend, which will be paid on Wednesday, October 2nd. Investors of record on Thursday, September 26th will be paid a $0.1017 dividend. This represents a dividend yield of 1.7%. The ex-dividend date is Wednesday, September 25th.

A hedge fund recently bought a new stake in ProShares UltraPro Short Russell2000 stock. IMC Chicago LLC purchased a new stake in shares of ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,977 shares of the exchange traded fund’s stock, valued at approximately $397,000. IMC Chicago LLC owned 0.65% of ProShares UltraPro Short Russell2000 as of its most recent SEC filing.

About ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY)

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.

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