ProShares UltraShort Nasdaq Biotechnology trades under ticker BIS on NASDAQ as an ETF. Use this page to review its stock price, dividends, and price history. The page also shows Trading--Inverse Equity exposure. Identifiers: ISIN US74347G8380, CUSIP 74347G838.
About the Company
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of a set of Nasdaq-listed biotechnology and pharmaceutical companies. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.