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ProShares UltraShort Materials seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Materials Select Sector Index.
ProShares Ultrashort Materials trades on the ARCA stock market under the symbol SMN.
As of March 5, 2026, SMN stock price climbed to $10.33 with 5,835 million shares trading.
SMN has a market cap of $1.60 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, SMN traded as high as $22.34 and as low as $9.23.
SMN has underperformed the market in the last year with a return of -32.4%, while the SPY ETF gained +19.7%. In the last 3 month period, SMN fell short of the market, returning -25.6%, while SPY returned +0.1%. However, in the most recent 2 weeks SMN has outperformed the stock market by returning +8.4%, while SPY returned -0.5%.
SMN support price is $9.67 and resistance is $10.26 (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 SMN shares will trade within this expected range on the day.