ProShares Short 7-10 Treasury (NYSEARCA:TBX – Get Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 648 shares, a growth of 87.8% from the December 31st total of 345 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 6,450 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 6,450 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
Institutional Trading of ProShares Short 7-10 Treasury
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in shares of ProShares Short 7-10 Treasury by 4,280.9% during the first quarter. Royal Bank of Canada now owns 21,510 shares of the exchange traded fund’s stock worth $606,000 after purchasing an additional 21,019 shares during the period. Jane Street Group LLC raised its position in ProShares Short 7-10 Treasury by 61.9% during the 1st quarter. Jane Street Group LLC now owns 21,137 shares of the exchange traded fund’s stock worth $595,000 after buying an additional 8,078 shares during the last quarter. Finally, Caldwell Trust Co acquired a new stake in ProShares Short 7-10 Treasury during the 2nd quarter valued at approximately $34,000.
ProShares Short 7-10 Treasury Trading Up 0.0%
ProShares Short 7-10 Treasury stock traded up $0.01 during mid-day trading on Friday, reaching $27.98. 3,488 shares of the company traded hands, compared to its average volume of 10,149. The firm’s fifty day moving average is $27.89 and its two-hundred day moving average is $28.00. ProShares Short 7-10 Treasury has a fifty-two week low of $27.37 and a fifty-two week high of $30.05.
About ProShares Short 7-10 Treasury
The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.
Recommended Stories
- Five stocks we like better than ProShares Short 7-10 Treasury
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for ProShares Short 7-10 Treasury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short 7-10 Treasury and related companies with MarketBeat.com's FREE daily email newsletter.
