Proshares Short Basic Materials (SBM) Shares Cross Above 200 DMA
April 17, 2013 at 11:21 AM EDT
In trading on Wednesday, shares of the Proshares Short Basic Materials ETF (SBM) crossed above their 200 day moving average of $34.92, changing hands as high as $35.07 per share. Proshares Short Basic Materials shares are currently trading up about 1.1% on the day.