ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) Declares Quarterly Dividend of $0.13

ProShares UltraShort Nasdaq Biotechnology (NASDAQ:BIS) declared a quarterly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Investors of record on Wednesday, March 26th will be paid a dividend of 0.1325 per share on Tuesday, April 1st. This represents a $0.53 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date is Wednesday, March 26th.

ProShares UltraShort Nasdaq Biotechnology Stock Performance

Shares of NASDAQ:BIS opened at $17.73 on Thursday. ProShares UltraShort Nasdaq Biotechnology has a 52-week low of $14.05 and a 52-week high of $21.10. The business has a fifty day moving average of $16.87 and a two-hundred day moving average of $16.40.

About ProShares UltraShort Nasdaq Biotechnology

ProShares Ultra Nasdaq Biotechnology (the Fund) seeks investment results for a single day only, not for longer periods. The Fund seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Index. The return of the Fund for a period longer than a single trading day will be the result of each day’s returns compounded over the period, which will very likely differ from twice (200%) the return of the Nasdaq Biotechnology Index (the Index) for that period.