ProShares UltraShort MSCI EAFE Stock Set to Reverse Split on Thursday, November 7th (NYSEARCA:EFU)

Shares of ProShares UltraShort MSCI EAFE (NYSEARCA:EFU) are scheduled to reverse split on Thursday, November 7th. The 1-2 reverse split was announced on Monday, October 28th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 6th.

ProShares UltraShort MSCI EAFE Stock Down 0.8 %

Shares of NYSEARCA EFU opened at $7.51 on Friday. The company has a fifty day moving average price of $7.09 and a 200 day moving average price of $7.39. ProShares UltraShort MSCI EAFE has a 1-year low of $6.57 and a 1-year high of $10.54.

About ProShares UltraShort MSCI EAFE

ProShares UltraShort MSCI EAFE (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI EAFE Index. The MSCI EAFE Index (Europe, Australasia, Far East) adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group, in developed market countries, excluding the United States and Canada.