ProShares Short S&P500 (NYSEARCA:SH) Sets New 1-Year Low at $10.87

ProShares Short S&P500 (NYSEARCA:SH) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $10.87 and last traded at $10.88, with a volume of 1198189 shares trading hands. The stock had previously closed at $11.02.

ProShares Short S&P500 Stock Performance

The firm has a 50 day simple moving average of $11.39 and a two-hundred day simple moving average of $11.70.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Transcendent Capital Group LLC acquired a new stake in shares of ProShares Short S&P500 during the 4th quarter valued at $40,000. SageView Advisory Group LLC acquired a new stake in ProShares Short S&P500 during the 1st quarter worth approximately $77,000. Kornitzer Capital Management Inc. KS acquired a new stake in ProShares Short S&P500 during the 2nd quarter worth approximately $114,000. Thomasville National Bank acquired a new position in ProShares Short S&P500 in the 1st quarter valued at approximately $132,000. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO bought a new position in shares of ProShares Short S&P500 during the first quarter valued at $187,000.

ProShares Short S&P500 Company Profile

ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts.