ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $34.93 and traded as high as $36.48. ProShares UltraShort 20+ Year Treasury shares last traded at $36.30, with a volume of 306,590 shares.
ProShares UltraShort 20+ Year Treasury Price Performance
The firm has a fifty day simple moving average of $35.81 and a 200 day simple moving average of $34.94.
ProShares UltraShort 20+ Year Treasury Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 24th were paid a $0.2118 dividend. The ex-dividend date was Wednesday, June 24th. This is an increase from ProShares UltraShort 20+ Year Treasury’s previous quarterly dividend of $0.17. This represents a $0.85 annualized dividend and a dividend yield of 2.3%.
Institutional Investors Weigh In On ProShares UltraShort 20+ Year Treasury
ProShares UltraShort 20+ Year Treasury Company Profile
ProShares UltraShort 20+ Year Treasury (the Fund), formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index (the Index). The Index includes all publicly issued, the 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 (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.
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