ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Short Interest Update

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 38,068 shares, a drop of 48.6% from the February 12th total of 74,124 shares. Based on an average daily trading volume, of 64,354 shares, the short-interest ratio is currently 0.6 days. Approximately 1.3% of the company’s stock are sold short. Approximately 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 64,354 shares, the short-interest ratio is currently 0.6 days.

ProShares Short 20+ Year Treasury Stock Up 0.6%

NYSEARCA:TBF traded up $0.14 during trading hours on Friday, reaching $24.35. 136,559 shares of the company traded hands, compared to its average volume of 101,852. The business’s 50-day moving average price is $23.87 and its two-hundred day moving average price is $23.83. ProShares Short 20+ Year Treasury has a 1 year low of $22.72 and a 1 year high of $25.73.

Hedge Funds Weigh In On ProShares Short 20+ Year Treasury

Several large investors have recently modified their holdings of TBF. Royal Bank of Canada purchased a new stake in ProShares Short 20+ Year Treasury during the 1st quarter valued at about $416,000. JPMorgan Chase & Co. raised its holdings in ProShares Short 20+ Year Treasury by 264,650.0% in the second quarter. JPMorgan Chase & Co. now owns 31,770 shares of the company’s stock worth $768,000 after buying an additional 31,758 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of ProShares Short 20+ Year Treasury by 181.6% in the second quarter. Jane Street Group LLC now owns 183,586 shares of the company’s stock worth $4,437,000 after buying an additional 118,386 shares in the last quarter. Group One Trading LLC bought a new position in shares of ProShares Short 20+ Year Treasury in the second quarter worth approximately $73,000. Finally, Pettinga Financial Advisors LLC grew its holdings in shares of ProShares Short 20+ Year Treasury by 36.5% during the third quarter. Pettinga Financial Advisors LLC now owns 18,900 shares of the company’s stock valued at $448,000 after buying an additional 5,050 shares during the last quarter.

About ProShares Short 20+ Year Treasury

ProShares Short 20+ Year Treasury (the Fund) seeks daily investment results and interest income earned on cash and financial instruments, which correspond to the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index (the Index). The Fund seeks a return of -100% of the return of an index for a single day. The Barclays Capital 20+ Year U.S. Treasury Index includes all publicly issued, United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade, are fixed rate, and have more than $250 million par outstanding.