ProShares Short 20+ Year Treasury (NYSEARCA:TBF – Get Free Report)’s stock price shot up 0.5% during trading on Friday . The company traded as high as $24.27 and last traded at $24.16. 148,913 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 269,892 shares. The stock had previously closed at $24.04.
ProShares Short 20+ Year Treasury Stock Performance
The business’s 50 day simple moving average is $22.89 and its two-hundred day simple moving average is $23.22.
Hedge Funds Weigh In On ProShares Short 20+ Year Treasury
Several institutional investors have recently made changes to their positions in the business. Evergreen Capital Management LLC purchased a new position in shares of ProShares Short 20+ Year Treasury during the 2nd quarter valued at about $207,000. Bordeaux Wealth Advisors LLC bought a new stake in ProShares Short 20+ Year Treasury during the 2nd quarter worth approximately $357,000. Diversify Advisory Services LLC lifted its holdings in ProShares Short 20+ Year Treasury by 16.3% during the second quarter. Diversify Advisory Services LLC now owns 25,019 shares of the company’s stock valued at $589,000 after purchasing an additional 3,512 shares in the last quarter. Caldwell Investment Management Ltd. bought a new position in shares of ProShares Short 20+ Year Treasury in the second quarter worth approximately $1,184,000. Finally, Jane Street Group LLC increased its stake 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 in the last quarter.
About ProShares Short 20+ Year Treasury
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.
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