ProShares Short 7-10 Treasury (NYSEARCA:TBX) Sees Significant Growth in Short Interest

ProShares Short 7-10 Treasury (NYSEARCA:TBX) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 345 shares, an increase of 202.6% from the December 15th total of 114 shares. Based on an average daily trading volume, of 2,715 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 2,715 shares, the short-interest ratio is currently 0.1 days.

ProShares Short 7-10 Treasury Price Performance

Shares of ProShares Short 7-10 Treasury stock traded up $0.05 on Thursday, reaching $27.81. The company had a trading volume of 3,302 shares, compared to its average volume of 6,360. The firm’s 50-day moving average price is $27.87 and its two-hundred day moving average price is $28.03. ProShares Short 7-10 Treasury has a 1 year low of $27.37 and a 1 year high of $30.05.

Institutional Trading of ProShares Short 7-10 Treasury

A number of large investors have recently made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in shares of ProShares Short 7-10 Treasury by 4,280.9% in the 1st quarter. Royal Bank of Canada now owns 21,510 shares of the exchange traded fund’s stock valued at $606,000 after buying an additional 21,019 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of ProShares Short 7-10 Treasury by 61.9% during the 1st quarter. Jane Street Group LLC now owns 21,137 shares of the exchange traded fund’s stock valued at $595,000 after purchasing an additional 8,078 shares during the last quarter. Finally, Caldwell Trust Co purchased a new stake in shares of ProShares Short 7-10 Treasury during the 2nd quarter valued at $34,000.

ProShares Short 7-10 Treasury Company Profile

The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.