ProShares Short SmallCap600 (NYSEARCA:SBB) announced a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.0097 per share by the exchange traded fund on Wednesday, April 1st. This represents a $0.04 annualized dividend and a yield of 0.10%. The ex-dividend date of this dividend is Wednesday, March 25th.
NYSEARCA SBB traded down $2.13 on Thursday, hitting $40.44. 1,330 shares of the stock traded hands, compared to its average volume of 13,021. The stock has a 50-day moving average of $35.53 and a 200 day moving average of $32.24. ProShares Short SmallCap600 has a twelve month low of $29.34 and a twelve month high of $50.07.
ProShares Short SmallCap600 Company Profile
ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.
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