Short Interest in ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Grows By 69.4%

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 2,184 shares, a growth of 69.4% from the November 30th total of 1,289 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 5,772 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 5,772 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Trading of ProShares UltraShort Lehman 7-10 Year Treasury

Hedge funds have recently added to or reduced their stakes in the business. Susquehanna International Group LLP increased its position in ProShares UltraShort Lehman 7-10 Year Treasury by 3.6% in the 3rd quarter. Susquehanna International Group LLP now owns 39,628 shares of the company’s stock worth $877,000 after buying an additional 1,366 shares during the period. Jane Street Group LLC raised its holdings in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 155.3% in the 2nd quarter. Jane Street Group LLC now owns 35,341 shares of the company’s stock worth $798,000 after buying an additional 21,499 shares in the last quarter. Finally, Citadel Advisors LLC raised its stake in ProShares UltraShort Lehman 7-10 Year Treasury by 1.9% during the third quarter. Citadel Advisors LLC now owns 25,023 shares of the company’s stock worth $554,000 after acquiring an additional 464 shares in the last quarter.

ProShares UltraShort Lehman 7-10 Year Treasury Price Performance

NYSEARCA PST traded down $0.02 during trading on Friday, hitting $21.93. 688 shares of the company traded hands, compared to its average volume of 9,510. The business has a fifty day simple moving average of $21.99 and a 200 day simple moving average of $22.39. ProShares UltraShort Lehman 7-10 Year Treasury has a 12 month low of $18.80 and a 12 month high of $25.03.

About ProShares UltraShort Lehman 7-10 Year Treasury

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.