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

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 28,869 shares, an increase of 114.1% from the January 29th total of 13,486 shares. Approximately 10.3% of the company’s shares are sold short. Based on an average daily volume of 5,709 shares, the short-interest ratio is currently 5.1 days. Based on an average daily volume of 5,709 shares, the short-interest ratio is currently 5.1 days. Approximately 10.3% of the company’s shares are sold short.

ProShares UltraPro Short 20+ Year Treasury Stock Performance

NYSEARCA TTT traded down $0.92 during trading hours on Friday, hitting $59.26. 5,862 shares of the company’s stock were exchanged, compared to its average volume of 10,320. The business’s 50 day moving average is $65.04 and its 200-day moving average is $67.55. ProShares UltraPro Short 20+ Year Treasury has a 12-month low of $59.23 and a 12-month high of $87.71. The firm has a market capitalization of $16.59 million, a P/E ratio of 5.18 and a beta of -1.61.

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

Institutional investors have recently bought and sold shares of the stock. Simplex Trading LLC purchased a new position in ProShares UltraPro Short 20+ Year Treasury during the second quarter worth approximately $83,000. Essex LLC purchased a new stake in shares of ProShares UltraPro Short 20+ Year Treasury during the 4th quarter valued at $206,000. Jane Street Group LLC acquired a new stake in shares of ProShares UltraPro Short 20+ Year Treasury during the 4th quarter worth $466,000. Finally, Cim LLC increased its holdings in shares of ProShares UltraPro Short 20+ Year Treasury by 7.1% during the 4th quarter. Cim LLC now owns 35,612 shares of the company’s stock worth $2,384,000 after buying an additional 2,354 shares during the last quarter. 20.88% of the stock is currently owned by hedge funds and other institutional investors.

About ProShares UltraPro Short 20+ Year Treasury

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. TTT was launched on Mar 27, 2012 and is managed by ProShares.