ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) to Issue $0.07 Quarterly Dividend

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BISGet Free Report) announced a quarterly dividend on Tuesday, March 24th. Stockholders of record on Wednesday, March 25th will be paid a dividend of 0.0686 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, March 25th.

ProShares UltraShort Nasdaq Biotechnology Stock Performance

Shares of BIS stock traded down $0.58 on Wednesday, hitting $9.22. 12,814 shares of the stock traded hands, compared to its average volume of 14,311. The company’s fifty day moving average is $8.88 and its 200 day moving average is $10.22. ProShares UltraShort Nasdaq Biotechnology has a 1-year low of $8.31 and a 1-year high of $25.87.

About ProShares UltraShort Nasdaq Biotechnology

(Get Free Report)

ProShares Ultra Nasdaq Biotechnology (the Fund) seeks investment results for a single day only, not for longer periods. The Fund seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Index. The return of the Fund for a period longer than a single trading day will be the result of each day’s returns compounded over the period, which will very likely differ from twice (200%) the return of the Nasdaq Biotechnology Index (the Index) for that period.

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Dividend History for ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS)

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