ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) Short Interest Update

ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 35,100 shares, a decrease of 55.8% from the May 14th total of 79,470 shares. Based on an average trading volume of 65,558 shares, the short-interest ratio is presently 0.5 days. Approximately 0.8% of the shares of the stock are sold short.

Institutional Investors Weigh In On ProShares Ultra 20+ Year Treasury

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its position in shares of ProShares Ultra 20+ Year Treasury by 363.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 115,254 shares of the company’s stock valued at $1,990,000 after acquiring an additional 90,405 shares during the last quarter. Jane Street Group LLC boosted its stake in ProShares Ultra 20+ Year Treasury by 34.9% in the 4th quarter. Jane Street Group LLC now owns 114,182 shares of the company’s stock worth $1,890,000 after purchasing an additional 29,529 shares during the period. PMV Capital Advisers LLC grew its position in ProShares Ultra 20+ Year Treasury by 30.8% during the 1st quarter. PMV Capital Advisers LLC now owns 62,370 shares of the company’s stock worth $1,017,000 after purchasing an additional 14,692 shares in the last quarter. Innova Wealth Partners raised its stake in ProShares Ultra 20+ Year Treasury by 11.2% during the 4th quarter. Innova Wealth Partners now owns 16,038 shares of the company’s stock valued at $265,000 after purchasing an additional 1,615 shares during the period. Finally, Capital Investment Counsel Inc acquired a new stake in ProShares Ultra 20+ Year Treasury during the 4th quarter valued at $149,000.

ProShares Ultra 20+ Year Treasury Price Performance

Shares of NYSEARCA:UBT traded down $0.13 on Friday, reaching $16.14. 35,979 shares of the company traded hands, compared to its average volume of 88,668. ProShares Ultra 20+ Year Treasury has a fifty-two week low of $15.00 and a fifty-two week high of $18.48. The company’s 50 day moving average is $16.09 and its 200-day moving average is $16.63.

About ProShares Ultra 20+ Year Treasury

ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index includes all publicly issued, United States Treasury securities.