ProShares Short Financials (SEF)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
29.18 USD
-0.08
(-0.273%) ⇩
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 29.20 +0.02 (0.069%) ⇧ (Aug. 28, 2026, 7:32 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:13 a.m. EDT
This is a high-conviction short-term trade driven by the inverse nature of the instrument and deteriorating financial sector fundamentals. The asset is trading near its 52-week low, and the price history shows a brutal 75% cumulative decline over the last nine years, with the most recent two years marked by double-digit drops. While the statistical forecast suggests a modest further decline, the massive volume relative to average daily trading and the heavy put positioning suggest smart money is accumulating downside exposure, expecting the banking sector to continue struggling. However, the long-term outlook remains bleak; the business quality of the underlying financials has been systematically punished by the market for nearly a decade, and there is no evidence of a structural turnaround yet. The dividend yield is misleading here; it is a result of the share price collapse, not a sign of healthy cash generation, and the payout ratio appears unsustainable given the erosion of the underlying asset base. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.045714 |
| MSTL | 0.052675 |
| AutoETS | 0.055093 |
| AutoARIMA | 0.056140 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 63% |
| H-stat | 2.63 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.001 |
| Excess Kurtosis | 1.30 |
As of Aug. 22, 2026, 4:13 a.m. EDT: Speculators are overwhelmingly positioning for further declines. Call open interest is heavily skewed out-of-the-money (OTM), suggesting bets on a rebound to higher levels, while put open interest is concentrated deep in-the-money (ITM) at strikes significantly above the current price. This indicates a 'buy the dip' strategy where traders are buying protection or downside exposure at lower prices, anticipating the asset will drop further before recovering.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.80% | 3.26% | 4.41% | 2.99% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-24 | 0.250 | 0.798977 |
| 2026-03-25 | 0.110 | 0.322959 |
| 2025-12-24 | 0.328 | 1.087894 |
| 2025-09-24 | 0.331 | 1.054140 |
| 2025-06-25 | 0.345 | 1.054079 |
| 2025-03-26 | 0.324 | 0.953502 |
| 2024-12-23 | 0.538 | 1.523216 |
| 2024-09-25 | 0.392 | 1.016597 |
| 2024-06-26 | 0.656 | 1.564886 |
| 2024-03-20 | 0.444 | 1.077670 |
| 2023-12-20 | 0.772 | 1.672444 |
| 2023-09-20 | 0.548 | 1.100402 |
| 2023-06-21 | 0.444 | 0.857805 |
| 2023-03-22 | 0.252 | 0.459184 |
| 2022-12-22 | 0.204 | 0.389016 |
| 2020-03-25 | 0.080 | 0.080225 |
| 2019-12-24 | 0.204 | 0.263975 |
| 2019-09-25 | 0.240 | 0.291262 |
| 2019-06-25 | 0.296 | 0.342276 |
| 2019-03-20 | 0.224 | 0.247132 |
| 2018-12-26 | 0.280 | 0.271739 |
| 2018-09-26 | 0.132 | 0.147916 |
| 2008-12-23 | 27.512 | 4.243060 |
| 2008-09-24 | 1.080 | 0.196278 |
| Attribute | Value |
|---|---|
| All Time High | 1,036.16 |
| All Time Low | 9.6 |
| Ask | 29.89 |
| Ask Size | 1,200 |
| Average Daily Volume10 Day | 14,020 |
| Average Daily Volume3 Month | 7,967 |
| Average Volume | 7,967 |
| Average Volume10Days | 14,020 |
| Beta3 Year | -0.72 |
| Bid | 29.15 |
| Bid Size | 400 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.199 |
| Day Low | 29.1 |
| Dividend Yield | 3.44 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.9752 |
| Fifty Day Average Change | -0.79520035 |
| Fifty Day Average Change Percent | -0.026528608 |
| Fifty Two Week Change Percent | -7.900536 |
| Fifty Two Week High | 35.26 |
| Fifty Two Week High Change | -6.079998 |
| Fifty Two Week High Change Percent | -0.1724333 |
| Fifty Two Week Low | 28.87 |
| Fifty Two Week Low Change | 0.30999947 |
| Fifty Two Week Low Change Percent | 0.010737771 |
| Fifty Two Week Range | 28.87 - 35.26 |
| First Trade Date Milliseconds | 1,213,277,400,000 |
| Five Year Average Return | -0.068982 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.0799999 |
| Fullday Change Percent | -0.273411 |
| Fullday Price | 29.2 |
| Fund Family | ProShares |
| Fund Inception Date | 1,213,056,000 |
| 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 financial companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain inverse 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 Short Financials |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_45835709 |
| Nav Price | 29.097 |
| Net Assets | 13,156,722.0 |
| Net Expense Ratio | 0.95 |
| Open | 29.155 |
| Post Market Change | 0.020000458 |
| Post Market Change Percent | 0.06854166 |
| Post Market Price | 29.2 |
| Post Market Time | 1,787,959,928 |
| Previous Close | 29.26 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0799999 |
| Regular Market Change Percent | -0.273411 |
| Regular Market Day High | 29.199 |
| Regular Market Day Low | 29.1 |
| Regular Market Day Range | 29.1 - 29.199 |
| Regular Market Open | 29.155 |
| Regular Market Previous Close | 29.26 |
| Regular Market Price | 29.18 |
| Regular Market Time | 1,787,947,187 |
| Regular Market Volume | 3,002 |
| Short Name | ProShares Short Financials |
| Source Interval | 15 |
| Symbol | SEF |
| Three Year Average Return | -0.1324036 |
| Total Assets | 13,156,722 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -7.66511 |
| Trailing Three Month Returns | -7.66511 |
| Triggerable | 1 |
| Two Hundred Day Average | 31.7523 |
| Two Hundred Day Average Change | -2.5723 |
| Two Hundred Day Average Change Percent | -0.08101145 |
| Type Disp | ETF |
| Volume | 3,002 |
| Yield | 0.0344 |
| Ytd Return | -2.39133 |