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ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Comment by AlwaysLong683on Apr 10, 2023 1:34pm
144 Views
Post# 35386974

RE:Predictions

RE:PredictionsMy predictions in a nutshell:

1) Shareholder vote will be at least 80% in favour of the takeout under the current terms (66 2/3% or more needed for shareholder approval of the BTO takeout).

2) SBB % change in daily share price will closely mimic BTO's.

3) Deal will close at some point in Q2 2023.


If the above comes true (and I think I'll go 3 for 3), you either sell your SBB shares at some point, or you'll own BTO shares.

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