Shares of ProShares Short 20+ Year Treasury (NYSEARCA:TBF – Get Free Report) were up 0.1% on Thursday . The company traded as high as $23.95 and last traded at $23.95. 406,854 shares traded hands during mid-day trading, an increase of 134% from the average daily volume of 174,073 shares. The stock had previously closed at $23.93.
ProShares Short 20+ Year Treasury Trading Up 0.1%
The company has a 50-day moving average of $24.53 and a 200-day moving average of $24.19.
Hedge Funds Weigh In On ProShares Short 20+ Year Treasury
A number of hedge funds have recently bought and sold shares of the company. Simplex Trading LLC bought a new stake in shares of ProShares Short 20+ Year Treasury in the 4th quarter worth $68,000. Kestra Advisory Services LLC purchased a new stake in shares of ProShares Short 20+ Year Treasury in the fourth quarter valued at about $72,000. Group One Trading LLC bought a new position in shares of ProShares Short 20+ Year Treasury during the second quarter valued at about $73,000. Royal Bank of Canada bought a new position in shares of ProShares Short 20+ Year Treasury during the first quarter valued at about $160,000. Finally, Mariner LLC purchased a new position in ProShares Short 20+ Year Treasury during the fourth quarter worth about $201,000.
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. 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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