ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Stock Short Interest Declines 71.0%

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST – Get Free Report) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 510 shares, a decrease of 71.0% from the October 15th total of 1,756 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 3,111 shares, the short-interest ratio is currently 0.2 days.

ProShares UltraShort Lehman 7-10 Year Treasury Stock Up 0.4%

Shares of ProShares UltraShort Lehman 7-10 Year Treasury stock traded up $0.11 during trading on Friday, reaching $24.90. The company’s stock had a trading volume of 6,670 shares, compared to its average volume of 9,317. ProShares UltraShort Lehman 7-10 Year Treasury has a 12-month low of $21.39 and a 12-month high of $25.57. The business has a 50 day moving average price of $24.62 and a 200-day moving average price of $23.23.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares UltraShort Lehman 7-10 Year Treasury stock. Simplex Trading LLC bought a new stake in ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,891 shares of the company’s stock, valued at approximately $124,000. Simplex Trading LLC owned 1.09% of ProShares UltraShort Lehman 7-10 Year Treasury as of its most recent filing with the Securities & Exchange Commission.

ProShares UltraShort Lehman 7-10 Year Treasury Company Profile

(Get Free Report)

ProShares UltraShort 7-10 Year Treasury seeks daily investment results, which correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index. The Barclays Capital 7-10 Year U.S. Treasury Index includes all publicly issued, the United States Treasury securities, which have a remaining maturity of between seven and 10 years, are non-convertible and are denominated in the United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P) and are fixed rate.

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