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.

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ProShares Short SmallCap600 > The market is thinking new offer

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Comment by Mack100on Mar 01, 2023 11:34am

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Post# 35312598

RE:RE:RE:RE:RE:The market is thinking new offer

I think I know the answer to my own question, but just to be sure, are the results of the vote (i.e. 66% approval required) based on number of votes cast, or total votes that could have been cast? In other words if there are say 550 million SBB shares out there, are 363 million votes (550 million X 66%) in favour required, or is it just 66% of actual votes cast? If the latter, by not voting shareholders are essentially voting no? Appreciate any clarification.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle