ProShares UltraShort Semiconductors (NYSEARCA:SSG) Stock to Reverse Split on Thursday, November 19th

by · The Cerbat Gem

ProShares UltraShort Semiconductors (NYSEARCA:SSG – Free Report) shares are scheduled to reverse split on Thursday, November 19th. The 1-2 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, November 18th.

ProShares UltraShort Semiconductors Price Performance

ProShares UltraShort Semiconductors stock traded up $0.79 during mid-day trading on Wednesday, reaching $14.48. 1,018,705 shares of the company’s stock traded hands, compared to its average volume of 589,778. ProShares UltraShort Semiconductors has a 12-month low of $9.45 and a 12-month high of $38.11. The stock has a 50 day moving average of $11.82 and a two-hundred day moving average of $17.51.

Institutional Trading of ProShares UltraShort Semiconductors

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. StoneX Group Inc. bought a new position in shares of ProShares UltraShort Semiconductors during the third quarter valued at approximately $237,000. Greenfield Seitz Capital Management LLC purchased a new position in ProShares UltraShort Semiconductors during the 3rd quarter valued at $138,000. Finally, Quantinno Capital Management LP bought a new position in ProShares UltraShort Semiconductors in the 1st quarter valued at $510,000.

ProShares UltraShort Semiconductors Company Profile

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Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.

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