Proshares Short Basic Materials Breaks Below 200-Day Moving Average - Notable for SBM
October 21, 2014 at 11:30 AM EDT
In trading on Tuesday, shares of the Proshares Short Basic Materials ETF (SBM) crossed below their 200 day moving average of $25.95, changing hands as low as $25.82 per share. Proshares Short Basic Materials shares are currently trading off about 1.4% on the day..