ProShares UltraShort Semiconductors (NYSEARCA:SSG) Shares Set to Reverse Split on Thursday, November 7th

ProShares UltraShort Semiconductors (NYSEARCA:SSG)’s stock is going to reverse split on the morning of Thursday, November 7th. The 1-5 reverse split was announced on Monday, October 28th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 6th.

ProShares UltraShort Semiconductors Trading Down 2.5 %

SSG opened at $5.37 on Wednesday. The stock has a 50-day moving average price of $6.64 and a 200-day moving average price of $8.40. ProShares UltraShort Semiconductors has a 12-month low of $5.27 and a 12-month high of $44.80.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares UltraShort Semiconductors stock. Csenge Advisory Group bought a new position in ProShares UltraShort Semiconductors (NYSEARCA:SSG) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 87,678 shares of the company’s stock, valued at approximately $213,000. Csenge Advisory Group owned 15.36% of ProShares UltraShort Semiconductors as of its most recent SEC filing.

ProShares UltraShort Semiconductors Company Profile

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game.