ProShares UltraShort Semiconductors Stock to Reverse Split on Thursday, November 20th (NYSEARCA:SSG)

Shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) are going to reverse split on the morning of Thursday, November 20th. The 1-4 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 19th.

ProShares UltraShort Semiconductors Stock Up 1.0%

Shares of SSG stock opened at $8.12 on Friday. ProShares UltraShort Semiconductors has a 12-month low of $6.76 and a 12-month high of $49.57. The stock’s 50-day moving average price is $9.16 and its 200-day moving average price is $13.37.

Institutional Trading of ProShares UltraShort Semiconductors

An institutional investor recently raised its position in ProShares UltraShort Semiconductors stock. Csenge Advisory Group grew its position in shares of ProShares UltraShort Semiconductors (NYSEARCA:SSG) by 29.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 37,928 shares of the company’s stock after acquiring an additional 8,592 shares during the quarter. Csenge Advisory Group owned about 2.00% of ProShares UltraShort Semiconductors worth $350,000 at the end of the most recent reporting period.

ProShares UltraShort Semiconductors Company Profile

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.