ProShares Short MidCap 400 (NYSEARCA:MYY) Plans Quarterly Dividend of $0.02

ProShares Short MidCap 400 (NYSEARCA:MYY) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be given a dividend of 0.0152 per share on Wednesday, April 1st. This represents a $0.06 annualized dividend and a yield of 0.12%. The ex-dividend date is Wednesday, March 25th.

ProShares Short MidCap 400 stock traded down $2.86 during mid-day trading on Thursday, hitting $50.75. 3,624 shares of the company’s stock were exchanged, compared to its average volume of 39,607. ProShares Short MidCap 400 has a 1-year low of $38.85 and a 1-year high of $64.04. The stock has a 50 day moving average of $45.77 and a two-hundred day moving average of $42.38.

About ProShares Short MidCap 400

ProShares Short MidCap400 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P MidCap 400 Index (the Index). The S&P MidCap 400 Index is a measure of mid-size company United States stock market performance. It is a capitalization weighted index of 400 United States operating companies and real estate investment trusts (REITs).

Further Reading: Hang Seng Index (HSI)

Dividend History for ProShares Short MidCap 400 (NYSEARCA:MYY)

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