17-Jul-2026
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ProShares Announces ETF Share Splits
Business Wire (Mon, 11-May 6:30 PM ET)
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 July 17, 2026, SMN stock price climbed to $20.54 with 2,852 million shares trading.
SMN has a market cap of $4.16 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, SMN traded as high as $44.08 and as low as $18.46.
SMN has underperformed the market in the last year with a return of -21.9%, while the SPY ETF gained +19.5%. In the last 3 month period, SMN fell short of the market, returning +4.7%, while SPY returned +4.9%. However, in the most recent 2 weeks SMN has outperformed the stock market by returning +5.7%, while SPY returned -0.2%.
SMN support price is $19.74 and resistance is $20.71 (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.