ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB – Get Free Report) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $54.01 and traded as low as $53.07. ProShares Ultra Nasdaq Biotechnology shares last traded at $54.71, with a volume of 3,854 shares trading hands.
ProShares Ultra Nasdaq Biotechnology Price Performance
The business’s 50 day moving average is $54.01 and its two-hundred day moving average is $58.06.
ProShares Ultra Nasdaq Biotechnology Increases Dividend
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.3964 dividend. This is an increase from ProShares Ultra Nasdaq Biotechnology’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Investors Weigh In On ProShares Ultra Nasdaq Biotechnology
About ProShares Ultra Nasdaq Biotechnology
ProShares Ultra Nasdaq Biotechnology (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 the inverse of the return of the Dow Jones United States Basic Materials Index (the Index) for that period.
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