ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) Announces $0.14 Quarterly Dividend

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) announced a quarterly dividend on Tuesday, June 23rd. Investors of record on Wednesday, June 24th will be given a dividend of 0.1366 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Wednesday, June 24th.

ProShares UltraShort Nasdaq Biotechnology Price Performance

Shares of NASDAQ BIS traded down $0.58 during midday trading on Wednesday, hitting $14.87. 16,532 shares of the company’s stock traded hands, compared to its average volume of 8,075. ProShares UltraShort Nasdaq Biotechnology has a 1 year low of $14.75 and a 1 year high of $35.69. The firm has a fifty day moving average of $16.95 and a 200 day moving average of $17.70.

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.