ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. It intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments. The Fund intends to concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. ProShare Advisors LLC serves as the investment advisor to the Fund.
Basic Details
Issuer ProShares
Fund NameProShares Short S&P500
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:SH
Inception Date6/19/2006
Fund ManagerMichael Neches, Devin Sullivan
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkS&P 500 TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$1.28 billion
Average Daily Volume$2.81 million
Discount/Premium-0.66%
ETF Expenses
Management Fee0.75%
Other Expenses0.14%
Total Expenses0.89%
Fee Waiver0.00%
Net Expenses0.89%
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.
Trustee
Lead Market MakerVirtu Financial
ProShares Short S&P500 (NYSEARCA:SH) Frequently Asked Questions
What is ProShares Short S&P500's stock symbol?
ProShares Short S&P500 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SH."
How often does ProShares Short S&P500 pay dividends? What is the dividend yield for ProShares Short S&P500?
ProShares Short S&P500 announced a quarterly dividend on Wednesday, March 21st. Stockholders of record on Thursday, March 22nd will be paid a dividend of $0.0377 per share on Wednesday, March 28th. This represents a $0.15 annualized dividend and a dividend yield of 0.55%. The ex-dividend date is Wednesday, March 21st. View ProShares Short S&P500's Dividend History.
Are investors shorting ProShares Short S&P500?
ProShares Short S&P500 saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 460,372 shares, a drop of 62.8% from the August 15th total of 1,235,972 shares. Based on an average daily volume of 2,855,812 shares, the days-to-cover ratio is currently 0.2 days. View ProShares Short S&P500's Current Options Chain.
Who are ProShares Short S&P500's key executives?
ProShares Short S&P500's management team includes the folowing people:
- Michael L. Sapir, Chairman of ProShares Trust (Age 57)
- Louis M. Mayberg, President of ProShares Trust (Age 53)
- Victor M. Frye Esq., Chief Compliance Officer and AML Officer of ProShares Trust (Age 56)
- Simon D. Collier, Treasurer of ProShares Trust (Age 51)
- Gary A. Casagrande, Assistant Treasurer of ProShares Trust (Age 40)
- Charles S. Todd, Assistant Treasurer of ProShares Trust (Age 41)
- Stephenie Adams, Acting Secretary of ProShares Trust (Age 43)
- Gregory Pickard Esq., Assistant Secretary of ProShares Trust (Age 48)
- Russell S. Reynolds III, Trustee of ProShares Trust (Age 55)
- Michael C. Wachs, Trustee of ProShares Trust (Age 51)
Who are ProShares Short S&P500's major shareholders?
ProShares Short S&P500's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Morgan Stanley (3.71%), Wells Fargo & Company MN (2.25%), CWM LLC (1.23%), Peak Capital Management LLC (0.65%), Dynamic Advisor Solutions LLC (0.63%) and Telemus Capital LLC (0.53%).
Which major investors are selling ProShares Short S&P500 stock?
SH stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Wells Fargo & Company MN, Ballew Advisors Inc, Lake Street Advisors Group LLC, Dynamic Advisor Solutions LLC, Janney Montgomery Scott LLC, Deroy & Devereaux Private Investment Counsel Inc. and Partnervest Advisory Services LLC.
Which major investors are buying ProShares Short S&P500 stock?
SH stock was bought by a variety of institutional investors in the last quarter, including CWM LLC, Menlo Advisors LLC, Lesa Sroufe & Co, Deane Retirement Strategies Inc., DRW Securities LLC, Sicart Associates LLC, Commonwealth Equity Services LLC and Wealthsource Partners LLC.
How do I buy shares of ProShares Short S&P500?
Shares of SH 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, Scottrade, Fidelity and Charles Schwab.
What is ProShares Short S&P500's stock price today?
One share of SH stock can currently be purchased for approximately $27.36.
What is ProShares Short S&P500's official website?
How can I contact ProShares Short S&P500?
ProShares Short S&P500's mailing address is 7501 Wisconsin Avenue Suite 1000 - East Tower, Bethesda, MD 20814, United States. The real estate investment trust can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares Short S&P500 (NYSEARCA SH)
MarketBeat's community ratings are surveys of what our community members think about ProShares Short S&P500 and other stocks. Vote "Outperform" if you believe SH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SH will underperform the S&P 500 over the long term. You may vote once every thirty days.
