About ProShares UltraShort SmallCap600 (SDD)

ProShares UltraShort SmallCap600 (SDD) is an exchange-traded fund (ETF) that aims to provide two times the inverse daily performance of the S&P SmallCap 600 Index. The fund seeks to achieve its investment objective by investing in derivatives such as futures contracts, options on futures contracts, options on securities and swaps related to the index. SDD is designed to be a tactical tool for sophisticated investors looking to capitalize on short-term market movements in small-cap stocks.

As of the most recent data, the price of SDD stands at $13.55. Over the past year, the ETF has had a 52-week range of $11.63 to $59.22, indicating a significant decline in value. The day's trading volume for SDD is 265,678 shares, reflecting the interest of market participants in this inverse ETF.