ProShares Short High Yield (SJB)Trading--Inverse Debt | Exchange Traded Fund | NYSEArca
15.19 USD
+0.05
(0.317%)
⇧
(July 13, 2026, 3:59 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:30 a.m. EDT
This instrument is a tactical tool for betting against the bond market, not a long-term investment vehicle. The underlying asset has suffered a brutal nine-year decline, dropping nearly 40% from its peak, with the last three years showing consecutive negative returns. While the current yield of 3.61% provides some income, it is insufficient to offset the structural deterioration of the underlying portfolio. The price action is range-bound near its 52-week lows, confirming a lack of upward momentum. Options data reinforces this bearish sentiment, with heavy call buying suggesting traders anticipate further drops as rates stabilize or rise. The statistical forecast model also aligns with this view, predicting a slight negative drift over the next 45 days. Consequently, the long-term rating is severely compromised due to the persistent multi-year decline, while the short-term outlook remains neutral-to-slightly-bearish given the lack of a clear reversal catalyst. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.003694 |
| MSTL | 0.004182 |
| AutoTheta | 0.004893 |
| AutoARIMA | 0.005729 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 75% |
| H-stat | 2.74 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.049 |
| Excess Kurtosis | 0.36 |
As of July 11, 2026, 4:30 a.m. EDT: Speculators are overwhelmingly positioning for further downside, evidenced by massive open interest in out-of-the-money calls (strikes 16.0 and 17.0) relative to puts. This 'bull put' positioning suggests traders expect the underlying bond market to rally, driving this inverse ETF lower. Implied volatility is elevated on these OTM strikes, indicating a fear of continued decline rather than a bet on a rebound.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.15% | 3.57% | 4.46% | 3.06% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-24 | 0.175 | 1.154354 |
| 2026-03-25 | 0.033 | 0.212629 |
| 2025-12-24 | 0.167 | 1.094364 |
| 2025-09-24 | 0.170 | 1.106771 |
| 2025-06-25 | 0.156 | 0.994898 |
| 2025-03-26 | 0.096 | 0.597758 |
| 2024-12-23 | 0.341 | 2.106238 |
| 2024-09-25 | 0.204 | 1.256158 |
| 2024-06-26 | 0.237 | 1.395760 |
| 2024-03-20 | 0.165 | 0.968310 |
| 2023-12-20 | 0.262 | 1.519722 |
| 2023-09-20 | 0.176 | 0.963855 |
| 2023-06-21 | 0.168 | 0.912052 |
| 2023-03-22 | 0.101 | 0.538380 |
| 2022-12-22 | 0.087 | 0.461294 |
| 2020-03-25 | 0.013 | 0.054032 |
| 2019-12-24 | 0.062 | 0.300825 |
| 2019-09-25 | 0.069 | 0.327014 |
| 2019-06-25 | 0.075 | 0.349162 |
| 2019-03-20 | 0.056 | 0.255125 |
| 2018-12-26 | 0.072 | 0.305473 |
| 2018-09-26 | 0.054 | 0.239362 |
| 2018-06-20 | 0.038 | 0.165650 |
| 2018-03-21 | 0.005 | 0.021386 |
| Attribute | Value |
|---|---|
| All Time High | 43.75 |
| All Time Low | 15.05 |
| Ask | 15.34 |
| Ask Size | 7,100 |
| Average Daily Volume10 Day | 102,050 |
| Average Daily Volume3 Month | 220,300 |
| Average Volume | 220,300 |
| Average Volume10Days | 102,050 |
| Beta3 Year | -0.68 |
| Bid | 15.03 |
| Bid Size | 2,800 |
| Category | Trading--Inverse Debt |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 15.195 |
| Day Low | 15.15 |
| Dividend Yield | 3.61 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.287 |
| Fifty Day Average Change | -0.09899998 |
| Fifty Day Average Change Percent | -0.0064760894 |
| Fifty Two Week Change Percent | -3.371501 |
| Fifty Two Week High | 15.76 |
| Fifty Two Week High Change | -0.5720005 |
| Fifty Two Week High Change Percent | -0.03629445 |
| Fifty Two Week Low | 15.05 |
| Fifty Two Week Low Change | 0.13799953 |
| Fifty Two Week Low Change Percent | 0.009169404 |
| Fifty Two Week Range | 15.05 - 15.76 |
| First Trade Date Milliseconds | 1,300,800,600,000 |
| Five Year Average Return | -0.0025691 |
| Full Exchange Name | NYSEArca |
| Fund Family | ProShares |
| Fund Inception Date | 1,300,665,600 |
| 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 a market-value weighted index designed to provide a balanced representation of U.S. dollar denominated high yield corporate bonds for sale within the U.S. by means of including the most liquid high yield corporate bonds available as determined by a set of transparent and objective index rules. The fund is non-diversified. |
| Long Name | ProShares Short High Yield |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_128796588 |
| Nav Price | 15.1489 |
| Net Assets | 56,045,608.0 |
| Net Expense Ratio | 0.95 |
| Open | 15.12 |
| Pre Market Change | -0.1279993 |
| Pre Market Change Percent | -0.84276605 |
| Pre Market Price | 15.06 |
| Pre Market Time | 1,784,028,288 |
| Previous Close | 15.14 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0479994 |
| Regular Market Change Percent | 0.317037 |
| Regular Market Day High | 15.195 |
| Regular Market Day Low | 15.15 |
| Regular Market Day Range | 15.15 - 15.195 |
| Regular Market Open | 15.12 |
| Regular Market Previous Close | 15.14 |
| Regular Market Price | 15.188 |
| Regular Market Time | 1,783,972,794 |
| Regular Market Volume | 129,733 |
| Short Name | ProShares Short High Yield |
| Source Interval | 15 |
| Symbol | SJB |
| Three Year Average Return | -0.014337501 |
| Total Assets | 56,045,608 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -1.17777 |
| Trailing Three Month Returns | -1.17777 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.36015 |
| Two Hundred Day Average Change | -0.17215061 |
| Two Hundred Day Average Change Percent | -0.011207612 |
| Type Disp | ETF |
| Volume | 129,733 |
| Yield | 0.0361 |
| Ytd Return | 0.57036 |