ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) Plans $0.10 Quarterly Dividend

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) announced a quarterly dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be paid a dividend of 0.1026 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Wednesday, December 24th.

ProShares UltraShort Nasdaq Biotechnology Stock Performance

Shares of ProShares UltraShort Nasdaq Biotechnology stock opened at $9.26 on Wednesday. The company has a fifty day simple moving average of $10.31 and a 200-day simple moving average of $13.40. ProShares UltraShort Nasdaq Biotechnology has a 12-month low of $9.14 and a 12-month high of $25.87.

ProShares UltraShort Nasdaq Biotechnology Company Profile

ProShares Ultra Nasdaq Biotechnology (the Fund) seeks investment results for a single day only, not for longer periods. The Fund seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Index. The return of the Fund for a period longer than a single trading day will be the result of each day’s returns compounded over the period, which will very likely differ from twice (200%) the return of the Nasdaq Biotechnology Index (the Index) for that period.