ProShares UltraShort Russell2000 (NYSEARCA:TWM) Trading Down 0.8%

ProShares UltraShort Russell2000 (NYSEARCA:TWM) shares fell 0.8% during trading on Tuesday . The stock traded as low as $12.29 and last traded at $12.41, 8,160 shares were traded during mid-day trading. A decline of 99% from the average session volume of 579,838 shares. The stock had previously closed at $12.51.

The stock has a fifty day moving average of $12.81 and a 200-day moving average of $14.43.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were issued a $0.0367 dividend. The ex-dividend date was Tuesday, December 24th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 1.22%. This is a positive change from ProShares UltraShort Russell2000’s previous quarterly dividend of $0.04.

Institutional investors and hedge funds have recently modified their holdings of the company. IMC Chicago LLC acquired a new position in ProShares UltraShort Russell2000 in the second quarter valued at approximately $253,000. Bank of Nova Scotia acquired a new stake in ProShares UltraShort Russell2000 during the 2nd quarter worth $336,000. Tower Research Capital LLC TRC raised its position in shares of ProShares UltraShort Russell2000 by 4,045.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 33,162 shares of the company’s stock valued at $503,000 after acquiring an additional 32,362 shares during the last quarter. Wealthsource Partners LLC raised its position in shares of ProShares UltraShort Russell2000 by 117.5% during the 3rd quarter. Wealthsource Partners LLC now owns 62,200 shares of the company’s stock valued at $945,000 after acquiring an additional 33,600 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of ProShares UltraShort Russell2000 during the 3rd quarter valued at $1,303,000.

About ProShares UltraShort Russell2000 (NYSEARCA:TWM)

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 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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