ProShares UltraPro Short Financials is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Dow Jones U.S. Financials SM Index (the Index). The Index measures the performance of the financial services sector of the U.S. equity market. The Fund takes positions in derivatives that, in combination, should have similar daily return characteristics as three times the inverse of the daily return of the Index. As of May 31 2013, the Fund's total assets and investment portfolio totaled $2,615,716 and $2,612,393, respectively. We show 26 historical shares outstanding datapoints in our coverage of FINZ's shares outstanding history.
Understanding the changing numbers of FINZ shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like FINZ versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching FINZ by allowing them to research FINZ shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
