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

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 52,929 shares, a growth of 59.4% from the November 30th total of 33,199 shares. Based on an average trading volume of 77,333 shares, the short-interest ratio is currently 0.7 days. Currently, 1.9% of the shares of the company are short sold. Currently, 1.9% of the shares of the company are short sold. Based on an average trading volume of 77,333 shares, the short-interest ratio is currently 0.7 days.

ProShares Short 20+ Year Treasury Stock Down 0.3%

Shares of TBF traded down $0.07 during midday trading on Monday, reaching $23.87. 51,846 shares of the stock were exchanged, compared to its average volume of 119,936. ProShares Short 20+ Year Treasury has a twelve month low of $22.72 and a twelve month high of $25.73. The business’s 50-day moving average price is $23.75 and its 200 day moving average price is $24.09.

Institutional Investors Weigh In On ProShares Short 20+ Year Treasury

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Group One Trading LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury in the second quarter valued at approximately $73,000. Citadel Advisors LLC purchased a new stake in ProShares Short 20+ Year Treasury in the 3rd quarter valued at $202,000. Pettinga Financial Advisors LLC acquired a new stake in ProShares Short 20+ Year Treasury during the 2nd quarter worth $335,000. Worth Asset Management LLC acquired a new stake in ProShares Short 20+ Year Treasury during the 2nd quarter worth $365,000. Finally, Shepherd Kaplan Krochuk LLC purchased a new position in ProShares Short 20+ Year Treasury during the 3rd quarter worth $407,000.

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. 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.