ProShares UltraPro Short Dow30 (SDOW) Shares Gap Down to $14.46

ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) shares gapped down before the market opened on Thursday . The stock had previously closed at $13.85, but opened at $14.46. ProShares UltraPro Short Dow30 shares last traded at $14.32, with a volume of 217512 shares.

A hedge fund recently bought a new stake in ProShares UltraPro Short Dow30 stock. Renaissance Technologies LLC purchased a new stake in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 14,000 shares of the exchange traded fund’s stock, valued at approximately $262,000. Renaissance Technologies LLC owned 0.12% of ProShares UltraPro Short Dow30 as of its most recent filing with the SEC.

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About ProShares UltraPro Short Dow30 (NYSEARCA:SDOW)

ProShares UltraPro Short Dow30 (the Fund) seeks daily investment results that correspond to three times (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (the Index). The Index is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, United States stocks, excluding utility and transportation companies.

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