ProShares UltraShort Technology (NYSEARCA:REW)’s share price traded up 1% during mid-day trading on Tuesday . The company traded as high as $11.44 and last traded at $11.44, 100 shares traded hands during mid-day trading. A decline of 98% from the average session volume of 5,575 shares. The stock had previously closed at $11.33.
The business’s 50-day moving average price is $12.84 and its 200 day moving average price is $15.50.
The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were issued a dividend of $0.0284 per share. This represents a $0.11 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date was Tuesday, December 24th.
ProShares UltraShort Technology (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Technology Index (the Index). The Index measures the performance of the technology industry of the United States equity market. Component companies include those involved in computers and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services.
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