ProShares Short 7-10 Treasury (NYSEARCA:TBX – Get Free Report) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 142 shares, a decline of 81.0% from the June 30th total of 746 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 39,262 shares, the short-interest ratio is currently 0.0 days.
ProShares Short 7-10 Treasury Stock Performance
TBX opened at $28.76 on Friday. The stock’s 50 day moving average price is $28.50 and its 200 day moving average price is $28.16. ProShares Short 7-10 Treasury has a 12 month low of $27.42 and a 12 month high of $28.87.
Hedge Funds Weigh In On ProShares Short 7-10 Treasury
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC lifted its stake in shares of ProShares Short 7-10 Treasury by 61.9% in the 1st quarter. Jane Street Group LLC now owns 21,137 shares of the exchange traded fund’s stock worth $595,000 after acquiring an additional 8,078 shares during the period. Royal Bank of Canada increased its position in shares of ProShares Short 7-10 Treasury by 4,280.9% during the 1st 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 bought a new stake in shares of ProShares Short 7-10 Treasury in 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.
See Also
- Five stocks we like better than ProShares Short 7-10 Treasury
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
Receive News & Ratings for ProShares Short 7-10 Treasury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short 7-10 Treasury and related companies with MarketBeat.com's FREE daily email newsletter.
