ProShares UltraShort Energy Stock Scheduled to Reverse Split on Thursday, November 7th (NYSEARCA:DUG)

Shares of ProShares UltraShort Energy (NYSEARCA:DUG) are set to reverse split before the market opens on Thursday, November 7th. The 1-4 reverse split was announced on Monday, October 28th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 6th.

ProShares UltraShort Energy Price Performance

Shares of NYSEARCA:DUG opened at $10.03 on Friday. The stock has a 50 day moving average price of $9.88 and a 200-day moving average price of $9.74. ProShares UltraShort Energy has a 52-week low of $8.31 and a 52-week high of $13.10.

About ProShares UltraShort Energy

ProShares UltraShort Oil & Gas (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Oil & Gas Index. The Dow Jones U.S. Oil & Gas Index measures the performance of the oil and gas industry of the United States equity market. Component companies include oil drilling equipment and services, oil companies (major and secondary), pipelines, liquid, solid or gaseous fossil fuel producers and service companies.