ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Trading 0.2% Higher – Here’s What Happened

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) shot up 0.2% during trading on Wednesday . The company traded as high as $24.67 and last traded at $24.54. 106,101 shares were traded during trading, a decline of 22% from the average session volume of 136,861 shares. The stock had previously closed at $24.48.

ProShares Short 20+ Year Treasury Trading Up 0.2 %

The firm’s fifty day simple moving average is $24.25 and its two-hundred day simple moving average is $23.33.

Hedge Funds Weigh In On ProShares Short 20+ Year Treasury

Several large investors have recently made changes to their positions in the business. Stratos Wealth Partners LTD. purchased a new position in ProShares Short 20+ Year Treasury during the fourth quarter valued at $480,000. Worth Asset Management LLC purchased a new position in shares of ProShares Short 20+ Year Treasury during the fourth quarter valued at about $596,000. Jane Street Group LLC increased its holdings in shares of ProShares Short 20+ Year Treasury by 86.8% in the third quarter. Jane Street Group LLC now owns 154,405 shares of the company’s stock worth $3,417,000 after purchasing an additional 71,727 shares during the last quarter. Advisors Preferred LLC purchased a new stake in shares of ProShares Short 20+ Year Treasury in the fourth quarter worth about $3,885,000. Finally, Robinson Value Management Ltd. bought a new position in ProShares Short 20+ Year Treasury during the fourth quarter valued at approximately $4,005,000.

ProShares Short 20+ Year Treasury Company Profile

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.