ProShares UltraPro Shrt S&P 500 ProShrs Announces Special Dividend of $0.01 (SPXU)

ProShares UltraPro Shrt S&P 500 ProShrs (NYSEARCA:SPXU) announced a special dividend on Tuesday, December 26th, Wall Street Journal reports. Stockholders of record on Wednesday, December 27th will be paid a dividend of 0.0119 per share by the exchange traded fund on Thursday, January 4th. The ex-dividend date of this dividend is Tuesday, December 26th.

Shares of ProShares UltraPro Shrt S&P 500 ProShrs (SPXU) traded up $0.03 on Tuesday, hitting $11.33. The stock had a trading volume of 2,615,638 shares, compared to its average volume of 5,140,344. ProShares UltraPro Shrt S&P 500 ProShrs has a 1 year low of $11.15 and a 1 year high of $20.64.

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ProShares UltraPro Shrt S&P 500 ProShrs Company Profile

The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index. The Fund invests in derivatives that it believes should have similar daily return characteristics as triple the inverse of the daily performance of the Index.

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