ETF Alert: ProShares Short S&P500 (ETF) Saw $-49.52M Redemptions Due To -2.40% AUM Decrease

ETF Alert: ProShares Short S&P500 (ETF) Saw $ 49.52M Redemptions Due To  2.40% AUM Decrease

Today were reported ProShares Short S&P500 (ETF) (NYSEARCA:SH)‘s daily net flows. The ETF registered $-49.52M asset outflows for -2.40% decrease, reaching $2010.72M after yestarday’s trading session. The chart of ProShares Short S&P500 (ETF) shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 0.13% or $0.05 on November 23, hitting $37.25. ProShares Short S&P500 (ETF) (NYSEARCA:SH) has declined 7.11% since April 22, 2016 and is downtrending. It has underperformed by 12.52% the S&P500.

The ETF’s YTD performance is -7.21%, the 1 year is -6.45% and the 3 year is -10.17%.

ProShares Short S&P500 (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: S&P 500 Index Swap Citibank Na for 24.42% of assets, S&P 500 Index Swap Bank Of America Na for 21.07%, S&P 500 Index Swap Goldman Sachs International for 20.12%, S&P 500 Index Swap Credit Suisse International for 15.20%, S&P 500 Index Swap Societe Generale for 8.12%, S&P 500 Index Swap Ubs Ag for 5.81%, E-mini S&P 500 Dec16 for 4.24%, S&P 500 Index Swap Morgan Stanley & Co. International Plc for 1.05%.

More notable recent ProShares Short S&P500 (ETF) (NYSEARCA:SH) news were published by: Etfdailynews.com which released: “Investors Should Be Very Careful With Inverse ETFs” on September 08, 2016, also Zacks.com with their article: “Believe in George Soros? Short Samp;P 500 with These ETFs” published on August 17, 2016, Etfdailynews.com published: “Investing Legend Jim Rogers Says You Should Short U.S. Equities” on August 29, 2016. More interesting news about ProShares Short S&P500 (ETF) (NYSEARCA:SH) were released by: Etfdailynews.com and their article: “Almost No One is Betting Against Stocks Anymore” published on August 16, 2016 as well as Businesswire.com‘s news article titled: “ProShares Announces ETF Reverse Share Split” with publication date: June 10, 2016.

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