ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) Shares Set to Reverse Split on Thursday, November 7th

ProShares Short MSCI Emerging Markets (NYSEARCA:EUM)’s stock is going to reverse split on the morning of Thursday, November 7th. The 1-2 reverse split was announced on Monday, October 28th. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, November 6th.

ProShares Short MSCI Emerging Markets Stock Performance

EUM stock opened at $12.91 on Friday. ProShares Short MSCI Emerging Markets has a 1-year low of $12.06 and a 1-year high of $15.60. The business has a 50-day moving average price of $12.91 and a 200 day moving average price of $13.33.

ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries.