ProShares UltraPro Short Dow30 (SDOW) Shares Gap Up to $16.05

ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) shares gapped up before the market opened on Thursday . The stock had previously closed at $15.13, but opened at $16.05. ProShares UltraPro Short Dow30 shares last traded at $16.27, with a volume of 12582221 shares traded.

Hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC acquired a new stake in shares of ProShares UltraPro Short Dow30 during the 3rd quarter worth $104,000. Renaissance Technologies LLC acquired a new stake in ProShares UltraPro Short Dow30 in the second quarter valued at about $262,000. Finally, Virtu Financial LLC boosted its stake in ProShares UltraPro Short Dow30 by 408.0% in the third quarter. Virtu Financial LLC now owns 71,045 shares of the exchange traded fund’s stock valued at $1,017,000 after buying an additional 57,060 shares in the last quarter.

WARNING: “ProShares UltraPro Short Dow30 (SDOW) Shares Gap Up to $16.05” was first reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.chaffeybreeze.com/2018/12/07/proshares-ultrapro-short-dow30-sdow-shares-gap-up-to-16-05.html.

About ProShares UltraPro Short Dow30 (NYSEARCA:SDOW)

ProShares UltraPro Short Dow30 (the Fund) seeks daily investment results that correspond to three times (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (the Index). The Index is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, United States stocks, excluding utility and transportation companies.

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