ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Stock Price Up 0% – Still a Buy?

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) shares rose 0% on Tuesday . The stock traded as high as $25.51 and last traded at $25.43. Approximately 108,618 shares were traded during trading, a decline of 34% from the average session volume of 164,698 shares. The stock had previously closed at $25.42.

ProShares Short 20+ Year Treasury Price Performance

The business’s fifty day simple moving average is $25.16 and its 200-day simple moving average is $24.60.

Institutional Trading of ProShares Short 20+ Year Treasury

Several large investors have recently modified their holdings of the business. Simplex Trading LLC purchased a new stake in ProShares Short 20+ Year Treasury in the 4th quarter worth approximately $68,000. Kestra Advisory Services LLC purchased a new position in shares of ProShares Short 20+ Year Treasury during the fourth quarter valued at approximately $72,000. Group One Trading LLC bought a new position in shares of ProShares Short 20+ Year Treasury during the second quarter valued at approximately $73,000. Royal Bank of Canada bought a new position in shares of ProShares Short 20+ Year Treasury during the first quarter valued at approximately $160,000. Finally, Mariner LLC purchased a new stake in ProShares Short 20+ Year Treasury in the fourth quarter worth $201,000.

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.