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The ProShares Short S&P 500 ETF (Symbol: SH) experienced a significant outflow of approximately $77.1 million, representing a 5.9% week-over-week decrease in shares outstanding, from 95,755,830 to 90,080,830. This data was reported as of the latest week.
Currently, SH’s share price is $13.59, with its 52-week low at $13.50 and high at $18.41. This decline in shares could impact the underlying assets of the ETF due to the nature of unit creation and destruction in ETFs.
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