ProShares Inflation Expectations ETF (NYSEARCA:RINF – Get Free Report) were up 0.4% during mid-day trading on Monday . The stock traded as high as $32.87 and last traded at $32.83. Approximately 3,429 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 6,108 shares. The stock had previously closed at $32.71.
ProShares Inflation Expectations ETF Stock Down 0.5 %
The firm’s 50-day simple moving average is $33.01 and its 200-day simple moving average is $32.90.
ProShares Inflation Expectations ETF Cuts Dividend
The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th will be paid a dividend of $0.2441 per share. The ex-dividend date is Wednesday, March 26th.
Hedge Funds Weigh In On ProShares Inflation Expectations ETF
ProShares Inflation Expectations ETF Company Profile
The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.
Recommended Stories
- Five stocks we like better than ProShares Inflation Expectations ETF
- The Basics of Support and Resistance
- Energy Transfer: Powering Data With Dividends and Diversification
- Why Invest in 5G? How to Invest in 5G Stocks
- Qualcomm Stock Is Coiling for a Breakout
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Is Alphabet Too Cheap to Ignore After Its Recent Correction?
Receive News & Ratings for ProShares Inflation Expectations ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Inflation Expectations ETF and related companies with MarketBeat.com's FREE daily email newsletter.