ProShares Short High Yield (NYSEARCA:SJB) Stock Price Down 0.2% – What’s Next?

ProShares Short High Yield (NYSEARCA:SJB)’s stock price fell 0.2% during trading on Thursday . The stock traded as low as $15.28 and last traded at $15.31. Approximately 74,716 shares were traded during trading, a decline of 77% from the average session volume of 328,575 shares. The stock had previously closed at $15.34.

ProShares Short High Yield Stock Down 0.2%

The business has a fifty day moving average of $15.32 and a two-hundred day moving average of $15.35.

Institutional Trading of ProShares Short High Yield

Several large investors have recently bought and sold shares of SJB. BNP Paribas Financial Markets acquired a new position in shares of ProShares Short High Yield during the 2nd quarter worth $135,000. Merkkuri Wealth Advisors LLC purchased a new position in ProShares Short High Yield during the 1st quarter valued at about $147,000. Simplex Trading LLC increased its holdings in ProShares Short High Yield by 1,673.5% during the 4th quarter. Simplex Trading LLC now owns 10,162 shares of the company’s stock valued at $155,000 after acquiring an additional 9,589 shares in the last quarter. Private Advisor Group LLC acquired a new position in ProShares Short High Yield during the first quarter worth about $155,000. Finally, Bravias Capital Group LLC acquired a new position in ProShares Short High Yield during the first quarter worth about $162,000.

ProShares Short High Yield Company Profile

The Proshares Short High Yield (SJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years. SJB was launched on Mar 21, 2011 and is managed by ProShares.