ProShares UltraShort Real Estate (NYSEARCA:SRS) Shares Scheduled to Reverse Split on Thursday, November 7th

Shares of ProShares UltraShort Real Estate (NYSEARCA:SRS) are set to reverse split on the morning of 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 Real Estate Trading Up 2.0 %

ProShares UltraShort Real Estate stock opened at $11.59 on Wednesday. ProShares UltraShort Real Estate has a 12 month low of $10.89 and a 12 month high of $23.30. The stock has a 50-day moving average price of $11.58 and a two-hundred day moving average price of $13.96.

About ProShares UltraShort Real Estate

ProShares UltraShort Real Estate (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties.