ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT – Get Free Report)’s stock price dropped 0.7% during trading on Thursday. The company traded as low as $86.94 and last traded at $88.20. 24,731 shares were traded during trading, an increase of 192% from the average session volume of 8,469 shares. The stock had previously closed at $88.81.
ProShares UltraPro Short 20+ Year Treasury Stock Performance
The stock has a market cap of $27.61 million, a PE ratio of 5.18 and a beta of -1.54. The company has a 50 day moving average of $77.46 and a two-hundred day moving average of $71.72.
Institutional Inflows and Outflows
An institutional investor recently raised its position in ProShares UltraPro Short 20+ Year Treasury stock. Cim LLC increased its stake in ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT – Free Report) by 10.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 39,505 shares of the company’s stock after acquiring an additional 3,893 shares during the quarter. Cim LLC owned approximately 14.63% of ProShares UltraPro Short 20+ Year Treasury worth $2,659,000 at the end of the most recent reporting period. 20.88% of the stock is currently owned by hedge funds and other institutional investors.
ProShares UltraPro Short 20+ Year Treasury Company Profile
The ProShares UltraPro Short 20+ Year Treasury (TTT) is an exchange-traded fund that is based on the U.S. Treasury 20+ Year index. The fund provides 3x inverse exposure, reset daily, to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years. TTT was launched on Mar 27, 2012 and is managed by ProShares.
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