ProShares UltraShort MSCI Japan (NYSEARCA:EWV) Shares Set to Reverse Split on Thursday, November 7th

Shares of ProShares UltraShort MSCI Japan (NYSEARCA:EWV) are set to reverse split on Thursday, November 7th. The 1-4 reverse split was announced on Monday, October 28th. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, November 6th.

ProShares UltraShort MSCI Japan Price Performance

NYSEARCA EWV opened at $10.47 on Wednesday. The stock’s fifty day moving average price is $9.93 and its 200 day moving average price is $10.49. ProShares UltraShort MSCI Japan has a 1 year low of $9.09 and a 1 year high of $15.46.

About ProShares UltraShort MSCI Japan

ProShares UltraShort MSCI Japan (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Japan Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in Japan.