ProShares UltraShort Consumer Services is an open-end management investment company. The Fund seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Consumer Services Index (the Index). The Index measures the performance of consumer spending in the services industry of the United States equity market. Component companies include airlines, broadcasting and entertainment, apparel and broadline retailers, food and drug retailers, media agencies, publishing, gambling, hotels, restaurants and bars, and travel and tourism. As of May 31 2013, the Fund's total assets and investment portfolio totaled $7,267,601 and $7,264,879, respectively. We show 34 historical shares outstanding datapoints in our coverage of SCC's shares outstanding history.
Understanding the changing numbers of SCC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SCC 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 SCC by allowing them to research SCC shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
