ProShares Short 7-10 Treasury (NYSEARCA:TBX – Get Free Report) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 1,342 shares, a decrease of 30.5% from the January 29th total of 1,931 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 7,893 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 7,893 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s shares are short sold.
ProShares Short 7-10 Treasury Price Performance
NYSEARCA:TBX traded up $0.17 on Monday, reaching $27.61. The company’s stock had a trading volume of 4,012 shares, compared to its average volume of 8,729. ProShares Short 7-10 Treasury has a 12-month low of $27.37 and a 12-month high of $30.05. The stock has a 50 day moving average price of $27.81 and a 200 day moving average price of $27.90.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Caldwell Trust Co purchased a new position in ProShares Short 7-10 Treasury in the 2nd quarter valued at approximately $34,000. Jane Street Group LLC boosted its holdings in ProShares Short 7-10 Treasury by 61.9% in the first quarter. Jane Street Group LLC now owns 21,137 shares of the exchange traded fund’s stock valued at $595,000 after purchasing an additional 8,078 shares during the period. Royal Bank of Canada boosted its holdings in ProShares Short 7-10 Treasury by 4,280.9% in the first quarter. Royal Bank of Canada now owns 21,510 shares of the exchange traded fund’s stock valued at $606,000 after purchasing an additional 21,019 shares during the period. Finally, LPL Financial LLC acquired a new position in ProShares Short 7-10 Treasury during the 4th quarter worth $785,000.
ProShares Short 7-10 Treasury Company Profile
The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.
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