ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Trading Up 0.5% – Should You Buy?

Shares of ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTTGet Free Report) rose 0.5% during trading on Monday . The stock traded as high as $85.49 and last traded at $84.61. Approximately 12,330 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 14,733 shares. The stock had previously closed at $84.23.

ProShares UltraPro Short 20+ Year Treasury Price Performance

The company’s 50 day simple moving average is $75.17 and its 200 day simple moving average is $68.75.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ProShares UltraPro Short 20+ Year Treasury stock. Jane Street Group LLC grew its stake in shares of ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTTFree Report) by 53.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,197 shares of the company’s stock after purchasing an additional 18,467 shares during the quarter. Jane Street Group LLC owned approximately 7.67% of ProShares UltraPro Short 20+ Year Treasury worth $3,194,000 as of its most recent filing with the Securities and Exchange Commission.

About ProShares UltraPro Short 20+ Year Treasury

(Get Free Report)

The ProShares UltraPro Short 20+ Year Treasury (TTT) is an exchange-traded fund that is based on the U.S. Treasury 20+ Year index. The fund provides 3x inverse exposure, reset daily, to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years.

Further Reading

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