ProShares Ultra 7-10 Year Treasury (NYSEARCA:UST) Short Interest Update

ProShares Ultra 7-10 Year Treasury (NYSEARCA:UST) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 24,187 shares, a decrease of 48.3% from the July 15th total of 46,801 shares. Approximately 6.5% of the company’s stock are short sold. Based on an average trading volume of 12,342 shares, the short-interest ratio is currently 2.0 days.

Hedge Funds Weigh In On ProShares Ultra 7-10 Year Treasury

An institutional investor recently raised its stake in ProShares Ultra 7-10 Year Treasury stock. Royal Bank of Canada raised its position in shares of ProShares Ultra 7-10 Year Treasury (NYSEARCA:UST) by 856.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,867 shares of the company’s stock after buying an additional 9,731 shares during the quarter. Royal Bank of Canada owned about 2.86% of ProShares Ultra 7-10 Year Treasury worth $474,000 at the end of the most recent quarter.

ProShares Ultra 7-10 Year Treasury Trading Down 0.2%

NYSEARCA UST traded down $0.09 during trading hours on Monday, reaching $41.22. 7,214 shares of the company traded hands, compared to its average volume of 14,270. ProShares Ultra 7-10 Year Treasury has a 12 month low of $40.67 and a 12 month high of $45.43. The company has a 50 day moving average of $41.76 and a two-hundred day moving average of $42.72.

ProShares Ultra 7-10 Year Treasury Company Profile

ProShares Ultra 7-10 Year Treasury (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity of between 7 and 10 years, are non-convertible, are denominated in United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P), are fixed rate, and have more than $250 million par outstanding.