ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $34.71 and traded as high as $35.75. ProShares UltraShort 20+ Year Treasury shares last traded at $35.68, with a volume of 191,174 shares.
ProShares UltraShort 20+ Year Treasury Trading Down 0.5%
The company has a 50 day simple moving average of $35.63 and a 200 day simple moving average of $34.71.
Institutional Investors Weigh In On ProShares UltraShort 20+ Year Treasury
Large investors have recently bought and sold shares of the company. UBS Group AG increased its stake in ProShares UltraShort 20+ Year Treasury by 2,299.2% during the 4th quarter. UBS Group AG now owns 92,131 shares of the exchange traded fund’s stock worth $3,219,000 after buying an additional 88,291 shares in the last quarter. Hudson Bay Capital Management LP purchased a new stake in ProShares UltraShort 20+ Year Treasury during the 3rd quarter worth approximately $3,064,000. Client First Investment Management LLC purchased a new stake in ProShares UltraShort 20+ Year Treasury during the 4th quarter worth approximately $944,000. IMC Chicago LLC increased its stake in ProShares UltraShort 20+ Year Treasury by 12.3% during the 1st quarter. IMC Chicago LLC now owns 12,536 shares of the exchange traded fund’s stock worth $441,000 after buying an additional 1,369 shares in the last quarter. Finally, J. Safra Sarasin Holding AG purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury in the first quarter valued at approximately $2,786,000.
About ProShares UltraShort 20+ Year Treasury
ProShares UltraShort 20+ Year Treasury (the Fund), formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index (the Index). The Index includes all publicly issued, the 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 (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.
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