ProShares UltraShort Semiconductors Stock Scheduled to Reverse Split on Thursday, November 19th (NYSEARCA:SSG)

ProShares UltraShort Semiconductors (NYSEARCA:SSG) shares are scheduled to reverse split on Thursday, November 19th. The 1-2 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 18th.

ProShares UltraShort Semiconductors Price Performance

NYSEARCA:SSG opened at $15.98 on Friday. ProShares UltraShort Semiconductors has a 1 year low of $9.45 and a 1 year high of $38.11. The business has a fifty day moving average of $12.32 and a 200-day moving average of $17.08.

Institutional Investors Weigh In On ProShares UltraShort Semiconductors

A number of hedge funds and other institutional investors have recently modified their holdings of SSG. StoneX Group Inc. bought a new position in ProShares UltraShort Semiconductors in the 3rd quarter valued at about $237,000. Greenfield Seitz Capital Management LLC acquired a new position in ProShares UltraShort Semiconductors during the 3rd quarter valued at about $138,000. Finally, Quantinno Capital Management LP acquired a new position in ProShares UltraShort Semiconductors during the 1st quarter valued at about $510,000.

About ProShares UltraShort Semiconductors

Operates as a specialty retailer of pre-swung golf equipment. The Company buys and sells both new and pre-swung golf equipment, offering golfers the chance to get value for the equipment they no longer use. Golfers can trade-in their old equipment for new equipment or simply trade for golf equipment that better suits their golf game. 2nd Swing operates more than 65 stores in 24 states nationwide under the names 2nd Swing and 2GOLF.