ProShares Short S&P500 (NYSEARCA:SH) Shares Gap Up to $11.73

ProShares Short S&P500 (NYSEARCA:SH)’s share price gapped up before the market opened on Monday . The stock had previously closed at $11.73, but opened at $12.23. ProShares Short S&P500 shares last traded at $12.11, with a volume of 12,316,302 shares trading hands.

ProShares Short S&P500 Stock Down 1.2 %

The firm has a fifty day simple moving average of $11.52 and a 200-day simple moving average of $11.99.

Institutional Trading of ProShares Short S&P500

Large investors have recently bought and sold shares of the company. Choreo LLC boosted its holdings in shares of ProShares Short S&P500 by 18.8% in the fourth quarter. Choreo LLC now owns 18,817 shares of the real estate investment trust’s stock worth $244,000 after acquiring an additional 2,973 shares during the period. HTLF Bank lifted its stake in ProShares Short S&P500 by 16.5% during the second quarter. HTLF Bank now owns 21,128 shares of the real estate investment trust’s stock worth $241,000 after purchasing an additional 3,000 shares during the last quarter. Transcendent Capital Group LLC bought a new stake in ProShares Short S&P500 during the fourth quarter worth about $40,000. Lesa Sroufe & Co increased its holdings in shares of ProShares Short S&P500 by 2.0% in the first quarter. Lesa Sroufe & Co now owns 173,315 shares of the real estate investment trust’s stock worth $2,056,000 after buying an additional 3,331 shares during the period. Finally, Axxcess Wealth Management LLC increased its holdings in shares of ProShares Short S&P500 by 1.0% in the fourth quarter. Axxcess Wealth Management LLC now owns 493,381 shares of the real estate investment trust’s stock worth $6,409,000 after buying an additional 4,806 shares during the period.

ProShares Short S&P500 Company Profile

ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts.