ProShares Short SmallCap600 (NYSEARCA:SBB) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Shares of ProShares Short SmallCap600 (NYSEARCA:SBBGet Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.69 and traded as high as $15.76. ProShares Short SmallCap600 shares last traded at $15.67, with a volume of 6,700 shares traded.

ProShares Short SmallCap600 Stock Performance

The company has a 50 day moving average price of $14.97 and a two-hundred day moving average price of $14.69.

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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