ProShares UltraShort Health Care is an open-end management investment company. The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Health Care Index (the Index). The Fund invests at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. As of May 31 2013, the Fund's total assets and investment portfolio totaled $4,735,202 and $4,726,664, respectively. We show 52 historical shares outstanding datapoints in our coverage of RXD's shares outstanding history.
Understanding the changing numbers of RXD shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RXD 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 RXD by allowing them to research RXD shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
