ProShares UltraShort Semiconductors (NYSEARCA:SSG) Shares to Reverse Split on Thursday, November 7th

ProShares UltraShort Semiconductors (NYSEARCA:SSG) shares are set to reverse split before the market opens on Thursday, November 7th. The 1-5 reverse split was announced on Monday, October 28th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 6th.

ProShares UltraShort Semiconductors Trading Up 0.2 %

SSG opened at $5.87 on Tuesday. ProShares UltraShort Semiconductors has a 1-year low of $5.27 and a 1-year high of $36.65. The company has a 50 day simple moving average of $6.57 and a two-hundred day simple moving average of $8.18.

Institutional Investors Weigh In On ProShares UltraShort Semiconductors

An institutional investor recently bought a new position in ProShares UltraShort Semiconductors stock. Csenge Advisory Group purchased a new position in ProShares UltraShort Semiconductors (NYSEARCA:SSG) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 87,678 shares of the company’s stock, valued at approximately $213,000. Csenge Advisory Group owned approximately 15.36% of ProShares UltraShort Semiconductors at the end of the most recent quarter.

About ProShares UltraShort Semiconductors

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game.