ProShares Short SmallCap600 (NYSEARCA:SBB) Stock Pass Above 200 Day Moving Average – Here’s Why

ProShares Short SmallCap600 (NYSEARCA:SBBGet Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.66 and traded as high as $16.43. ProShares Short SmallCap600 shares last traded at $16.17, with a volume of 15,472 shares changing hands.

ProShares Short SmallCap600 Trading Down 2.2 %

The business has a 50-day simple moving average of $14.82 and a 200 day simple moving average of $14.66.

About ProShares Short SmallCap600

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ProShares Short SmallCap600 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.

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