ProShares Short Financials (NYSEARCA:SEF – Free Report)’s stock is going to reverse split on the morning of Thursday, November 7th. The 1-4 reverse split was announced on Monday, October 28th. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, November 6th.
ProShares Short Financials Price Performance
Shares of NYSEARCA SEF opened at $9.32 on Friday. The stock’s 50-day moving average is $9.49 and its 200 day moving average is $10.05. ProShares Short Financials has a 1-year low of $9.06 and a 1-year high of $13.15.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in ProShares Short Financials stock. CPR Investments Inc. bought a new stake in shares of ProShares Short Financials (NYSEARCA:SEF – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 30,772 shares of the company’s stock, valued at approximately $322,000. CPR Investments Inc. owned about 2.75% of ProShares Short Financials as of its most recent filing with the Securities and Exchange Commission.
About ProShares Short Financials
ProShares Short Financials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services economic sector of the United States equity market. Component companies include regional banks; United States-domiciled international banks; life and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association (Fannie Mae), credit card insurers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges.
Featured Articles
- Five stocks we like better than ProShares Short Financials
- How to Use the MarketBeat Stock Screener
- Battle of the Retailers: Who Comes Out on Top?
- Using the MarketBeat Dividend Yield Calculator
- HCA Healthcare: Temporary Setbacks, Long-Term Strength
- Golden Cross Stocks: Pattern, Examples and Charts
- MarketBeat Week in Review – 10/28 – 11/1
Receive News & Ratings for ProShares Short Financials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short Financials and related companies with MarketBeat.com's FREE daily email newsletter.
