ProShares UltraShort DJ-UBS Commodity (CMD) Director Mark N. Diker Sells 5,000 Shares

ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) Director Mark N. Diker sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $111.77, for a total transaction of $558,850.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) traded up $3.15 during trading hours on Monday, reaching $109.78. 181,175 shares of the company were exchanged, compared to its average volume of 134,008. ProShares UltraShort DJ-UBS Commodity has a 1 year low of $69.21 and a 1 year high of $116.79. The company has a quick ratio of 1.36, a current ratio of 2.31 and a debt-to-equity ratio of 0.26.

ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) last issued its earnings results on Thursday, December 7th. The medical instruments supplier reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.03. ProShares UltraShort DJ-UBS Commodity had a net margin of 9.02% and a return on equity of 16.70%. The firm had revenue of $212.80 million during the quarter, compared to analysts’ expectations of $207.72 million. During the same period last year, the firm posted $0.51 earnings per share. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year.

CMD has been the subject of several recent analyst reports. Zacks Investment Research cut shares of ProShares UltraShort DJ-UBS Commodity from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Raymond James Financial reiterated a “hold” rating on shares of ProShares UltraShort DJ-UBS Commodity in a report on Monday, December 4th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of ProShares UltraShort DJ-UBS Commodity in a report on Thursday, December 7th.

COPYRIGHT VIOLATION NOTICE: “ProShares UltraShort DJ-UBS Commodity (CMD) Director Mark N. Diker Sells 5,000 Shares” was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/02/12/mark-n-diker-sells-5000-shares-of-proshares-ultrashort-dj-ubs-commodity-cmd-stock.html.

About ProShares UltraShort DJ-UBS Commodity

ProShares UltraShort DJ-UBS Commodity (the Fund), formerly ProShares UltraShort DJ-AIG Commodity is an exchange-traded fund (ETF). The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones-UBS Commodity Index. The Dow Jones-UBS Commodity Index allows investors to track the commodity futures market.

Insider Buying and Selling by Quarter for ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD)

Receive News & Ratings for ProShares UltraShort DJ-UBS Commodity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort DJ-UBS Commodity and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply