Nikola

ProShares Short ETF Short-Term Capital Gains Distributions

I also nearly got a heart attack when I saw the price drop 25% on REW before I was able to figure out what happened.

I checked the chart but didn't see a major drop in the price last year around this time.

It's crazy people will have to pay capital gains in this market, instead of getting tax breaks for losses.

I am not sure about not holding them overnight, but I sure as hell am gonna be out of all ProShares cum next December. Of course, they could also do it at any time of the year ("once per year"), but, as our current President said... fool me twice.... can't get fooled again.