ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 173,082 shares, an increase of 82.4% from the August 31st total of 94,875 shares. Approximately 4.3% of the company’s stock are sold short. Based on an average daily trading volume, of 84,923 shares, the short-interest ratio is presently 2.0 days.
Institutional Trading of ProShares Ultra 20+ Year Treasury
An institutional investor recently raised its stake in ProShares Ultra 20+ Year Treasury stock. PMV Capital Advisers LLC increased its stake in shares of ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT – Free Report) by 30.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 62,370 shares of the company’s stock after purchasing an additional 14,692 shares during the quarter. ProShares Ultra 20+ Year Treasury makes up approximately 1.7% of PMV Capital Advisers LLC’s portfolio, making the stock its 14th largest position. PMV Capital Advisers LLC owned about 1.49% of ProShares Ultra 20+ Year Treasury worth $1,017,000 as of its most recent SEC filing.
ProShares Ultra 20+ Year Treasury Stock Down 0.7%
ProShares Ultra 20+ Year Treasury stock traded down $0.09 during mid-day trading on Tuesday, hitting $13.42. The company’s stock had a trading volume of 185,935 shares, compared to its average volume of 79,430. ProShares Ultra 20+ Year Treasury has a 52-week low of $13.25 and a 52-week high of $18.48. The firm’s 50 day moving average is $14.84 and its 200 day moving average is $15.68.
ProShares Ultra 20+ Year Treasury Company Profile
ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index includes all publicly issued, United States Treasury securities.
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