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ProShares Announces ETF Share Splits
Business Wire (Mon, 11-May 6:30 PM ET)
ProShares UltraShort Utilities seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Utilities Select Sector Index.
ProShares Ultrashort Utilities trades on the ARCA stock market under the symbol SDP.
As of June 12, 2026, SDP stock price declined to $22.72 with 3,306 million shares trading.
SDP has a market cap of $4.39 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, SDP traded as high as $68.32 and as low as $19.78.
SDP has underperformed the market in the last year with a return of -18.1%, while the SPY ETF gained +24.6%. In the last 3 month period, SDP fell short of the market, returning +6.3%, while SPY returned +9.9%. However, in the most recent 2 weeks SDP has outperformed the stock market by returning +0.4%, while SPY returned -1.7%.
SDP support price is $22.53 and resistance is $23.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SDP shares will trade within this expected range on the day.
