ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) declared a special dividend on Tuesday, December 26th, Wall Street Journal reports. Stockholders of record on Wednesday, December 27th will be paid a dividend of 0.0125 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 Short Russell2000 ETF (NYSEARCA:SRTY) traded up $0.12 on Wednesday, hitting $31.98. The stock had a trading volume of 328,900 shares, compared to its average volume of 582,030. ProShares UltraPro Short Russell2000 ETF has a one year low of $30.97 and a one year high of $54.14.
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ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.
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