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NYSEARCA:SBM - ProShares Short Basic Materials Stock Price, Forecast & News

+0.42 (+2.12 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
Now: $20.25
50-Day Range
MA: $17.90
52-Week Range
Now: $20.25
Volume1,400 shs
Average Volume1,090 shs
Market Capitalization$2.03 million
P/E RatioN/A
Dividend Yield0.45%
ProShares Short Basic Materials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of Dow Jones U.S. Basic Materials Index (the Index). The Index measures the performance of the basic materials industry of the United States equity market. The Fund invests in derivatives as a substitute for directly shorting stocks in order to gain inverse exposure to the Index. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index. The Fund also invests in short-term cash instruments that have terms to maturity of less than 397 days and exhibit credit profiles. ProShare Advisors LLC is the investment advisor of the Fund.

Basic Details

Issuer ProShares
Fund NameProShares Short Basic Materials
Tax ClassificationRegulated Investment Company
Inception Date3/16/2010
Fund ManagerMichael Neches, Tarak Dave

Fund Focus

Asset ClassEquity
BenchmarkDow Jones US Basic Materials Sector Index
FocusBasic Materials
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$1.99 million
Average Daily Volume$118.50

ETF Expenses

Management Fee0.75%
Other Expenses1.92%
Total Expenses2.67%
Fee Waiver-1.72%
Net Expenses0.95%

Administrator, Advisor and Custodian

AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Transfer AgentJPMorgan Chase Bank, N.A.
Lead Market MakerIMC Chicago

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Currency Exposure of ProShares Short Basic Materials (NYSEARCA:SBM)

ProShares Short Basic Materials (NYSEARCA:SBM) Frequently Asked Questions

What is ProShares Short Basic Materials' stock symbol?

ProShares Short Basic Materials trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SBM."

How often does ProShares Short Basic Materials pay dividends? What is the dividend yield for ProShares Short Basic Materials?

ProShares Short Basic Materials announced a quarterly dividend on Tuesday, December 24th. Shareholders of record on Thursday, December 26th will be given a dividend of $0.0212 per share on Thursday, January 2nd. This represents a $0.08 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend is Tuesday, December 24th. This is a positive change from ProShares Short Basic Materials's previous quarterly dividend of $0.02. View ProShares Short Basic Materials' Dividend History.

Has ProShares Short Basic Materials been receiving favorable news coverage?

News headlines about SBM stock have trended very negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ProShares Short Basic Materials earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for ProShares Short Basic Materials.

What other stocks do shareholders of ProShares Short Basic Materials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares Short Basic Materials investors own include Talend (TLND), Nexvet Biopharma (NVET) and Independence Group (IGO).

How do I buy shares of ProShares Short Basic Materials?

Shares of SBM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is ProShares Short Basic Materials' stock price today?

One share of SBM stock can currently be purchased for approximately $20.25.

How big of a company is ProShares Short Basic Materials?

ProShares Short Basic Materials has a market capitalization of $2.03 million. View Additional Information About ProShares Short Basic Materials.

What is ProShares Short Basic Materials' official website?

The official website for ProShares Short Basic Materials is http://www.proshares.com/.

How can I contact ProShares Short Basic Materials?

ProShares Short Basic Materials' mailing address is SUITE 1000, 7501 WISCONSIN AVENUE, BETHESDA, MD 20814, United States. The company can be reached via phone at +1-240-4976400.

MarketBeat Community Rating for ProShares Short Basic Materials (NYSEARCA SBM)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  52 (Vote Outperform)
Underperform Votes:  46 (Vote Underperform)
Total Votes:  98
MarketBeat's community ratings are surveys of what our community members think about ProShares Short Basic Materials and other stocks. Vote "Outperform" if you believe SBM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/29/2020 by MarketBeat.com Staff

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