ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Short Interest Down 48.6% in February

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

Institutional Investors Weigh In On ProShares Short 20+ Year Treasury

Hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada purchased a new stake in shares of ProShares Short 20+ Year Treasury in the 1st quarter valued at about $416,000. JPMorgan Chase & Co. increased its position in ProShares Short 20+ Year Treasury by 264,650.0% during 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 period. Jane Street Group LLC boosted its holdings 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 valued at $4,437,000 after acquiring an additional 118,386 shares during the period. Group One Trading LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury in the second quarter valued at approximately $73,000. Finally, Pettinga Financial Advisors LLC grew its position in ProShares Short 20+ Year Treasury by 36.5% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 18,900 shares of the company’s stock worth $448,000 after purchasing an additional 5,050 shares during the last quarter.

ProShares Short 20+ Year Treasury Stock Performance

NYSEARCA:TBF traded up $0.14 during trading hours on Friday, hitting $24.35. The company’s stock had a trading volume of 136,559 shares, compared to its average volume of 101,852. ProShares Short 20+ Year Treasury has a 52-week low of $22.72 and a 52-week high of $25.73. The stock has a fifty day moving average of $23.87 and a 200-day moving average of $23.83.

ProShares Short 20+ Year Treasury Company Profile

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.