Shares of ProShares Short 20+ Year Treasury (NYSEARCA:TBF – Get Free Report) traded up 0.5% during trading on Friday . The company traded as high as $24.27 and last traded at $24.16. 148,913 shares were traded during mid-day trading, a decline of 45% from the average session volume of 269,892 shares. The stock had previously closed at $24.04.
ProShares Short 20+ Year Treasury Stock Performance
The company’s 50-day moving average is $22.85 and its two-hundred day moving average is $23.23.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of TBF. Jane Street Group LLC lifted its holdings in shares of ProShares Short 20+ Year Treasury by 86.8% in the third quarter. Jane Street Group LLC now owns 154,405 shares of the company’s stock worth $3,417,000 after acquiring an additional 71,727 shares during the last quarter. Caldwell Investment Management Ltd. bought a new position in ProShares Short 20+ Year Treasury in the 2nd quarter valued at approximately $1,184,000. Bordeaux Wealth Advisors LLC acquired a new stake in ProShares Short 20+ Year Treasury in the second quarter valued at approximately $357,000. Evergreen Capital Management LLC bought a new stake in shares of ProShares Short 20+ Year Treasury during the second quarter worth $207,000. Finally, Diversify Advisory Services LLC increased its holdings in shares of ProShares Short 20+ Year Treasury by 16.3% during the second quarter. Diversify Advisory Services LLC now owns 25,019 shares of the company’s stock worth $589,000 after buying an additional 3,512 shares in the last quarter.
ProShares Short 20+ Year Treasury Company Profile
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.
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