ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT – Get Free Report)’s stock price shot up 2.2% on Thursday . The company traded as high as $75.69 and last traded at $75.55. Approximately 21,629 shares traded hands during mid-day trading, an increase of 203% from the average daily volume of 7,142 shares. The stock had previously closed at $73.92.
ProShares UltraPro Short 20+ Year Treasury Stock Up 2.2%
The company has a market capitalization of $18.89 million, a P/E ratio of 5.18 and a beta of -1.54. The stock has a fifty day simple moving average of $71.25 and a 200-day simple moving average of $68.40.
Institutional Investors Weigh In On ProShares UltraPro Short 20+ Year Treasury
A hedge fund recently bought a new stake in ProShares UltraPro Short 20+ Year Treasury stock. Jane Street Group LLC purchased a new stake in ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,961 shares of the company’s stock, valued at approximately $466,000. Jane Street Group LLC owned approximately 2.49% of ProShares UltraPro Short 20+ Year Treasury as of its most recent SEC filing. 20.88% of the stock is currently owned by hedge funds and other institutional investors.
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. TTT was launched on Mar 27, 2012 and is managed by ProShares.
Recommended Stories
- Five stocks we like better than ProShares UltraPro Short 20+ Year Treasury
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Receive News & Ratings for ProShares UltraPro Short 20+ Year Treasury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro Short 20+ Year Treasury and related companies with MarketBeat.com's FREE daily email newsletter.
