ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST – Get Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 4,655 shares, a growth of 59.5% from the May 14th total of 2,919 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,954 shares, the short-interest ratio is currently 0.4 days.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of PST. Jane Street Group LLC increased its holdings in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 155.3% in the second quarter. Jane Street Group LLC now owns 35,341 shares of the company’s stock valued at $798,000 after buying an additional 21,499 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 290.3% in the first quarter. Royal Bank of Canada now owns 24,320 shares of the company’s stock valued at $547,000 after purchasing an additional 18,089 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 3.6% in the third quarter. Susquehanna International Group LLP now owns 39,628 shares of the company’s stock valued at $877,000 after purchasing an additional 1,366 shares in the last quarter. Finally, Citadel Advisors LLC lifted its holdings in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 1.9% in the third quarter. Citadel Advisors LLC now owns 25,023 shares of the company’s stock valued at $554,000 after purchasing an additional 464 shares in the last quarter.
ProShares UltraShort Lehman 7-10 Year Treasury Stock Up 1.1%
NYSEARCA PST opened at $23.09 on Thursday. ProShares UltraShort Lehman 7-10 Year Treasury has a 1 year low of $21.39 and a 1 year high of $23.61. The business’s fifty day moving average is $22.81 and its two-hundred day moving average is $22.38.
ProShares UltraShort Lehman 7-10 Year Treasury Company Profile
ProShares UltraShort 7-10 Year Treasury seeks daily investment results, which correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index. The Barclays Capital 7-10 Year U.S. Treasury Index includes all publicly issued, the United States Treasury securities, which have a remaining maturity of between seven and 10 years, are non-convertible and are denominated in the United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P) and are fixed rate.
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