ProShares UltraShort Nasdaq Biotechnology (BIS)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
7.98 USD
-0.27
(-3.333%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 7.98 0.00 (-0.003%) ⇩ (April 17, 2026, 4:10 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 3:24 p.m. EDT
BIS is a leveraged inverse ETF that tracks the Nasdaq Biotechnology index, making it a volatile instrument. The recent price action shows a downward trend, with the price currently near its 52-week low. While the dividend yield is high, the stock's price performance has been weak, and the options market is not indicating strong momentum. Investors should be cautious due to the leveraged nature of the ETF and the lack of clear directional signals from the options market. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.040242 |
| AutoARIMA | 0.040242 |
| MSTL | 0.041898 |
| AutoTheta | 0.068065 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 5.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.273 |
| Excess Kurtosis | -0.08 |
As of April 11, 2026, 3:24 p.m. EDT: The options data suggests limited activity and low implied volatility across expirations. For the near-term expirations, there is minimal open interest and volume, indicating low speculative activity. The presence of ATM anchor puts on the 2026-11-20 expiration suggests some short-term bearish sentiment, but the low volume and open interest indicate limited conviction. Overall, the options market is not providing strong signals about future price direction, suggesting a lack of consensus among speculators.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.75% | 3.68% | 3.46% | 2.07% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-25 | 0.069 | 0.748373 |
| 2025-12-24 | 0.103 | 1.151280 |
| 2025-09-24 | 0.154 | 1.154922 |
| 2025-06-25 | 0.108 | 0.630276 |
| 2025-03-26 | 0.133 | 0.777481 |
| 2024-12-23 | 0.206 | 1.214195 |
| 2024-09-25 | 0.152 | 1.034580 |
| 2024-06-26 | 0.161 | 1.040512 |
| 2024-03-20 | 0.159 | 0.962677 |
| 2023-12-20 | 0.176 | 0.942185 |
| 2023-09-20 | 0.119 | 0.597852 |
| 2023-06-21 | 0.021 | 0.117611 |
| 2020-03-25 | 0.104 | 0.178921 |
| 2019-12-24 | 0.164 | 0.354363 |
| 2019-09-25 | 0.324 | 0.471889 |
| 2019-06-25 | 0.384 | 0.603825 |
| 2019-03-20 | 0.256 | 0.437845 |
| 2018-12-26 | 0.272 | 0.321036 |
| 2018-09-26 | 0.072 | 0.127122 |
| Attribute | Value |
|---|---|
| All Time High | 6,849.6 |
| All Time Low | 7.95 |
| Ask | 8.06 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 13,920 |
| Average Daily Volume3 Month | 15,412 |
| Average Volume | 15,412 |
| Average Volume10Days | 13,920 |
| Beta3 Year | -1.45 |
| Bid | 7.97 |
| Bid Size | 1 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.15 |
| Day Low | 7.95 |
| Dividend Yield | 4.92 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.8448 |
| Fifty Day Average Change | -0.8678999 |
| Fifty Day Average Change Percent | -0.09812544 |
| Fifty Two Week Change Percent | -61.836445 |
| Fifty Two Week High | 21.24 |
| Fifty Two Week High Change | -13.2631 |
| Fifty Two Week High Change Percent | -0.6244397 |
| Fifty Two Week Low | 7.95 |
| Fifty Two Week Low Change | 0.026900291 |
| Fifty Two Week Low Change Percent | 0.0033836844 |
| Fifty Two Week Range | 7.95 - 21.24 |
| First Trade Date Milliseconds | 1,270,819,800,000 |
| Five Year Average Return | -0.1638158 |
| Full Exchange Name | NasdaqGM |
| Fund Family | ProShares |
| Fund Inception Date | 1,270,512,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of a set of Nasdaq-listed biotechnology and pharmaceutical companies. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified. |
| Long Name | ProShares UltraShort Nasdaq Biotechnology |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_100661536 |
| Nav Price | 7.9821 |
| Net Assets | 2,475,569.0 |
| Net Expense Ratio | 0.95 |
| Open | 8.15 |
| Post Market Change | -0.0029997826 |
| Post Market Change Percent | -0.037591733 |
| Post Market Price | 7.9769 |
| Post Market Time | 1,776,456,604 |
| Previous Close | 8.2519 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.27499962 |
| Regular Market Change Percent | -3.3325613 |
| Regular Market Day High | 8.15 |
| Regular Market Day Low | 7.95 |
| Regular Market Day Range | 7.95 - 8.15 |
| Regular Market Open | 8.15 |
| Regular Market Previous Close | 8.2519 |
| Regular Market Price | 7.9769 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 15,627 |
| Short Name | ProShares UltraShort Nasdaq Bio |
| Source Interval | 15 |
| Symbol | BIS |
| Three Year Average Return | -0.22700399 |
| Total Assets | 2,475,569 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -6.30763 |
| Trailing Three Month Returns | -6.30763 |
| Triggerable | 1 |
| Two Hundred Day Average | 11.29375 |
| Two Hundred Day Average Change | -3.3168497 |
| Two Hundred Day Average Change Percent | -0.29368895 |
| Type Disp | ETF |
| Volume | 15,627 |
| Yield | 0.049200002 |
| Ytd Return | -6.30763 |