ProShares UltraPro MidCap400 Price & Performance (UMDD)

Analysts at TD Cowen have reduced CAVA Group’s price target to $120 from $130, while maintaining a Buy rating, citing sector-wide valuation declines. Despite a 36.91% drop over six months, CAVA’s fundamentals remain robust, with projected 24% revenue growth. Renewed investor interest is noted as valuations become more attractive.1

The ProShares UltraPro MidCap400 ETF (UMDD) closed at $17.70 on April 25, falling 1.99%. Technical indicators have triggered a downgrade to Sell, with forecasts suggesting a potential 46% decline over three months. Low trading volume and high volatility contribute to increased risk for short-term traders.2

Brookstone Capital Management has invested $440,000 in the ProShares UltraPro Short MidCap400 ETF (SMDD), which recently declared a quarterly distribution of $0.0621 per share. The ETF’s ex-dividend date was December 23, 2024, reflecting ongoing institutional interest despite recent market fluctuations.3