ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) Chairman Charles M. Diker sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $100.53, for a total transaction of $1,206,360.00. Following the completion of the transaction, the chairman now owns 3,078,256 shares in the company, valued at $309,457,075.68. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) traded up $0.51 on Wednesday, reaching $80.17. ProShares UltraShort DJ-UBS Commodity has a 52 week low of $37.21 and a 52 week high of $86.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.31 and a quick ratio of 1.36.
ProShares UltraShort DJ-UBS Commodity (NYSEARCA:CMD) last announced its earnings results on Thursday, December 7th. The medical instruments supplier reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.03. ProShares UltraShort DJ-UBS Commodity had a net margin of 9.02% and a return on equity of 16.70%. The firm had revenue of $212.80 million for the quarter, compared to the consensus estimate of $207.72 million. During the same period in the prior year, the firm earned $0.51 EPS. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis.
TRADEMARK VIOLATION WARNING: This article was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this article on another site, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The correct version of this article can be viewed at https://sportsperspectives.com/2017/12/20/proshares-ultrashort-dj-ubs-commodity-cmd-chairman-charles-m-diker-sells-12000-shares.html.
ProShares UltraShort DJ-UBS Commodity Company Profile
ProShares UltraShort DJ-UBS Commodity (the Fund), formerly ProShares UltraShort DJ-AIG Commodity is an exchange-traded fund (ETF). The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones-UBS Commodity Index. The Dow Jones-UBS Commodity Index allows investors to track the commodity futures market.
Receive News & Ratings for ProShares UltraShort DJ-UBS Commodity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort DJ-UBS Commodity and related companies with MarketBeat.com's FREE daily email newsletter.