ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Shares Sold by Cumberland Advisors Inc.

Cumberland Advisors Inc. trimmed its stake in shares of ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,000 shares of the company’s stock after selling 1,800 shares during the quarter. Cumberland Advisors Inc. owned about 4.71% of ProShares UltraShort Lehman 7-10 Year Treasury worth $791,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Mackenzie Financial Corp increased its position in ProShares UltraShort Lehman 7-10 Year Treasury by 6.0% in the 2nd quarter. Mackenzie Financial Corp now owns 26,500 shares of the company’s stock valued at $629,000 after acquiring an additional 1,500 shares during the period.

ProShares UltraShort Lehman 7-10 Year Treasury Stock Down 0.3 %

PST traded down $0.07 during trading hours on Wednesday, hitting $24.51. The company’s stock had a trading volume of 11,119 shares, compared to its average volume of 13,984. ProShares UltraShort Lehman 7-10 Year Treasury has a fifty-two week low of $21.31 and a fifty-two week high of $25.19. The company has a 50-day simple moving average of $23.79 and a 200 day simple moving average of $22.96.

ProShares UltraShort Lehman 7-10 Year Treasury Company Profile

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.