ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Shares Up 4% – What’s Next?

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT)’s stock price were up 4% during trading on Wednesday . The company traded as high as $76.95 and last traded at $76.53. Approximately 10,122 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 17,424 shares. The stock had previously closed at $73.61.

ProShares UltraPro Short 20+ Year Treasury Stock Down 1.4 %

The firm has a fifty day moving average price of $65.07 and a 200 day moving average price of $68.77.

Institutional Investors Weigh In On ProShares UltraPro Short 20+ Year Treasury

An institutional investor recently raised its position in ProShares UltraPro Short 20+ Year Treasury stock. Cim LLC grew its holdings in ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) by 2.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 32,431 shares of the company’s stock after purchasing an additional 627 shares during the quarter. Cim LLC owned approximately 4.68% of ProShares UltraPro Short 20+ Year Treasury worth $2,250,000 at the end of the most recent reporting period.

ProShares UltraPro Short 20+ Year Treasury Company Profile

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.