ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT – Get Free Report)’s share price fell 0.7% on Thursday. The stock traded as low as $86.94 and last traded at $88.20. 24,731 shares were traded during trading, an increase of 192% from the average session volume of 8,469 shares. The stock had previously closed at $88.81.
ProShares UltraPro Short 20+ Year Treasury Stock Down 0.7%
The stock has a market cap of $27.34 million, a price-to-earnings ratio of 5.18 and a beta of -1.54. The company’s 50-day moving average is $77.16 and its 200-day moving average is $71.60.
Institutional Investors Weigh In On ProShares UltraPro Short 20+ Year Treasury
A hedge fund recently raised its position in ProShares UltraPro Short 20+ Year Treasury stock. Cim LLC increased its stake in shares of ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT – Free Report) by 10.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,505 shares of the company’s stock after buying an additional 3,893 shares during the quarter. Cim LLC owned 14.63% of ProShares UltraPro Short 20+ Year Treasury worth $2,659,000 at the end of the most recent reporting period. Institutional investors own 20.88% of the company’s stock.
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.
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