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.
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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.
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