ProShares Short 20+ Year Treasury (NYSEARCA:TBF – Get Free Report) rose 0.7% on Monday . The stock traded as high as $25.71 and last traded at $25.67. 63,879 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 164,737 shares. The stock had previously closed at $25.50.
ProShares Short 20+ Year Treasury Price Performance
The stock has a 50 day moving average price of $24.79 and a 200-day moving average price of $24.42.
Institutional Investors Weigh In On ProShares Short 20+ Year Treasury
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Simplex Trading LLC purchased a new stake in shares of ProShares Short 20+ Year Treasury during the fourth quarter worth $68,000. Kestra Advisory Services LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury in the fourth quarter valued at about $72,000. Group One Trading LLC purchased a new position in shares of ProShares Short 20+ Year Treasury in the second quarter worth about $73,000. Royal Bank of Canada purchased a new position in shares of ProShares Short 20+ Year Treasury in the first quarter worth about $160,000. Finally, Mariner LLC purchased a new position in shares of ProShares Short 20+ Year Treasury in the fourth quarter worth about $201,000.
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.
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