ProShares UltraShort Nasdaq Biotechnology Announces Quarterly Dividend of $0.16 (NASDAQ:BIS)

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) announced a quarterly dividend on Tuesday, June 25th, NASDAQ reports. Investors of record on Wednesday, June 26th will be given a dividend of 0.1612 per share on Wednesday, July 3rd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date is Wednesday, June 26th.

ProShares UltraShort Nasdaq Biotechnology Stock Performance

BIS stock opened at $16.51 on Thursday. The company’s 50 day moving average price is $18.02 and its 200 day moving average price is $18.10. ProShares UltraShort Nasdaq Biotechnology has a fifty-two week low of $15.99 and a fifty-two week high of $26.51.

About ProShares UltraShort Nasdaq Biotechnology

ProShares Ultra Nasdaq Biotechnology (the Fund) seeks investment results for a single day only, not for longer periods. The Fund seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Index. The return of the Fund for a period longer than a single trading day will be the result of each day’s returns compounded over the period, which will very likely differ from twice (200%) the return of the Nasdaq Biotechnology Index (the Index) for that period.