12-Jun-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 June 12, 2026, SMN stock price declined to $19.47 with 3,467 million shares trading.
SMN has a market cap of $3.94 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 price return of -29.6% while the SPY ETF gained +24.6%. SMN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -10.0% and -3.5%, respectively, while the SPY returned +9.9% and -1.7%, respectively.
SMN support price is $19.61 and resistance is $20.80 (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.