Loading market dashboard
ProShares - UltraPro Short Dow30
SDOWFinancial ServicesAMEXUS
Loading disclosure news
News and disclosures filtered by period, publisher, and event group.
Select a headline to open the full news page in the app.
Leveraged ETF drift explained and reported for 22 ETFs. The ProShares UltraPro Short Dow30 ETF is a -3X leveraged bear ETF on the Dow Jones, mainly used by short-term traders. The average 12-month drift for SDOW is +1.27%, but this reflects an unusually strong bull market period; historical and synthetic data suggest negative drift in less favorable conditions.
ProShares UltraPro Short Dow30 (NYSEARCA:SDOW - Get Free Report) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 872,133 shares, a drop of 22.5% from the February 26th total of 1,125,631 shares. Currently, 15.2% of the company's shares are short sold. Based on
