BIS
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Proshares Ultrashort Nasdaq Biotechnology
17.41
-0.30 (-1.69%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 17.71
Day's Range: 16.875 - 17.53
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When Written:
19.9
ProShares UltraShort Nasdaq Biotechnology (BIS) is an exchange-traded fund (ETF) that seeks to provide twice the inverse daily performance of the Nasdaq Biotechnology Index. This means that if the index falls by 1%, the ETF should rise by 2%. The ETF uses derivatives and other financial instruments to achieve its investment objective.
The Nasdaq Biotechnology Index is a market capitalization-weighted index that includes companies primarily involved in the development and production of biotechnology products. The index is dominated by large-cap stocks, with the top 10 holdings accounting for over 50% of the index's total market capitalization.
Investing in ProShares UltraShort Nasdaq Biotechnology can be risky, as it is designed for short-term trading and is not intended to be held for an extended period. Additionally, the use of leverage and derivatives can amplify losses as well as gains. As with any investment, it is important to carefully consider your investment objectives, risk tolerance, and investment horizon before investing in this ETF.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The Nasdaq Biotechnology Index is a market capitalization-weighted index that includes companies primarily involved in the development and production of biotechnology products. The index is dominated by large-cap stocks, with the top 10 holdings accounting for over 50% of the index's total market capitalization.
Investing in ProShares UltraShort Nasdaq Biotechnology can be risky, as it is designed for short-term trading and is not intended to be held for an extended period. Additionally, the use of leverage and derivatives can amplify losses as well as gains. As with any investment, it is important to carefully consider your investment objectives, risk tolerance, and investment horizon before investing in this ETF.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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