November’s scheduled payout from the ProShares Short Ether ETF (SETH) is $0.028755 a share, lower than the fund’s October distribution.
SETH’s daily target is a return equal to the Bloomberg Ethereum Index’s one-day performance multiplied by -1, before fees and expenses. SETH does not use a direct short position in Ether (ETH).
October’s distribution was $0.040763 per share, and that payment was made Oct. 7. The record date for November was Nov. 2, which was also the ex-dividend date. ProShares has scheduled payment for Nov. 6.
EconoTimes also covered a November payment for another ProShares fund in its BITU distribution report.
