ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Short Interest Up 59.4% in December

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 52,929 shares, an increase of 59.4% from the November 30th total of 33,199 shares. Based on an average daily trading volume, of 77,333 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.9% of the company’s shares are short sold. Approximately 1.9% of the company’s shares are short sold. Based on an average daily trading volume, of 77,333 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On ProShares Short 20+ Year Treasury

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC increased its stake in ProShares Short 20+ Year Treasury by 181.6% in the 2nd quarter. Jane Street Group LLC now owns 183,586 shares of the company’s stock worth $4,437,000 after purchasing an additional 118,386 shares during the period. Stratos Wealth Partners LTD. grew its holdings in shares of ProShares Short 20+ Year Treasury by 130.8% in the second quarter. Stratos Wealth Partners LTD. now owns 93,195 shares of the company’s stock worth $2,253,000 after purchasing an additional 52,815 shares during the last quarter. Bouvel Investment Partners LLC purchased a new position in shares of ProShares Short 20+ Year Treasury in the second quarter worth $1,957,000. JPMorgan Chase & Co. raised its holdings in ProShares Short 20+ Year Treasury by 264,650.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 31,770 shares of the company’s stock valued at $768,000 after buying an additional 31,758 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in ProShares Short 20+ Year Treasury during the 3rd quarter valued at $476,000.

ProShares Short 20+ Year Treasury Stock Performance

Shares of NYSEARCA:TBF traded up $0.03 during mid-day trading on Tuesday, hitting $23.90. The company had a trading volume of 24,621 shares, compared to its average volume of 119,552. The firm has a fifty day moving average price of $23.75 and a 200 day moving average price of $24.09. ProShares Short 20+ Year Treasury has a one year low of $22.72 and a one year high of $25.73.

About ProShares Short 20+ Year Treasury

ProShares Short 20+ Year Treasury (the Fund) seeks daily investment results and interest income earned on cash and financial instruments, which correspond to the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index (the Index). The Fund seeks a return of -100% of the return of an index for a single day. The Barclays Capital 20+ Year U.S. Treasury Index includes all publicly issued, United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade, are fixed rate, and have more than $250 million par outstanding.