ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU) Shares Gap Up – What’s Next?

Posted by Lorenzo Tanos on Apr 2nd, 2025

ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU – Get Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $26.00, but opened at $26.85. ProShares UltraPro Short S&P 500 shares last traded at $26.67, with a volume of 2,491,624 shares traded.

ProShares UltraPro Short S&P 500 Price Performance

The company has a 50 day simple moving average of $22.65 and a 200-day simple moving average of $22.77.

ProShares UltraPro Short S&P 500 Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were paid a $0.2601 dividend. The ex-dividend date was Wednesday, March 26th.

Hedge Funds Weigh In On ProShares UltraPro Short S&P 500

Large investors have recently added to or reduced their stakes in the business. Edgestream Partners L.P. bought a new position in shares of ProShares UltraPro Short S&P 500 during the third quarter valued at about $287,000. Integrated Advisors Network LLC boosted its holdings in ProShares UltraPro Short S&P 500 by 121.7% during the 4th quarter. Integrated Advisors Network LLC now owns 23,500 shares of the exchange traded fund’s stock valued at $529,000 after acquiring an additional 12,900 shares during the period. Sollinda Capital Management LLC bought a new position in ProShares UltraPro Short S&P 500 during the 4th quarter worth approximately $612,000. Two Sigma Securities LLC purchased a new position in ProShares UltraPro Short S&P 500 in the 4th quarter worth approximately $721,000. Finally, Headlands Technologies LLC bought a new stake in ProShares UltraPro Short S&P 500 in the fourth quarter valued at approximately $1,627,000.

About ProShares UltraPro Short S&P 500

(Get Free Report)

The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index. The Fund invests in derivatives that it believes should have similar daily return characteristics as triple the inverse of the daily performance of the Index.