ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Stock Price Up 0.5% – Here’s Why

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) rose 0.5% during trading on Monday . The company traded as high as $85.49 and last traded at $84.61. Approximately 12,330 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 14,733 shares. The stock had previously closed at $84.23.

ProShares UltraPro Short 20+ Year Treasury Price Performance

The firm has a 50 day moving average price of $74.77 and a two-hundred day moving average price of $68.59.

Institutional Investors Weigh In On ProShares UltraPro Short 20+ Year Treasury

An institutional investor recently raised its position in ProShares UltraPro Short 20+ Year Treasury stock. Jane Street Group LLC lifted its stake in shares of ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) by 53.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 53,197 shares of the company’s stock after buying an additional 18,467 shares during the quarter. Jane Street Group LLC owned about 7.67% of ProShares UltraPro Short 20+ Year Treasury worth $3,194,000 as of its most recent filing with the Securities & Exchange Commission.

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.