ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) Chairman Sells 2,584 Shares

ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) Chairman Charles M. Diker sold 2,584 shares of the stock in a transaction that occurred on Tuesday, March 27th. The shares were sold at an average price of $113.15, for a total transaction of $292,379.60. Following the transaction, the chairman now owns 3,014,394 shares in the company, valued at $341,078,681.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

ProShares UltraShort DJ-UBS Commodity stock opened at $110.04 on Monday. ProShares UltraShort DJ-UBS Commodity has a 52-week low of $69.21 and a 52-week high of $123.60. The company has a quick ratio of 1.36, a current ratio of 2.31 and a debt-to-equity ratio of 0.26.

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Several analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of ProShares UltraShort DJ-UBS Commodity from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a report on Monday, March 12th. Raymond James Financial raised ProShares UltraShort DJ-UBS Commodity from a “market perform” rating to an “outperform” rating and set a $115.00 price objective for the company in a research report on Wednesday, January 3rd.

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ProShares UltraShort DJ-UBS Commodity Company Profile

ProShares UltraShort DJ-UBS Commodity (the Fund), formerly ProShares UltraShort DJ-AIG Commodity is an exchange-traded fund (ETF). The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones-UBS Commodity Index. The Dow Jones-UBS Commodity Index allows investors to track the commodity futures market.

Insider Buying and Selling by Quarter for ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD)

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