ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Stock Short Interest Report for October

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 35,276 shares, a drop of 52.9% from the September 30th total of 74,924 shares. Based on an average trading volume of 319,213 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.7% of the company’s stock are short sold.

Hedge Funds Weigh In On ProShares Short 20+ Year Treasury

A number of hedge funds have recently added to or reduced their stakes in TBF. Royal Bank of Canada bought a new position in ProShares Short 20+ Year Treasury in the 1st quarter valued at approximately $160,000. Private Wealth Partners LLC bought a new stake in shares of ProShares Short 20+ Year Treasury in the 3rd quarter worth $268,000. Horrell Capital Management Inc. purchased a new position in shares of ProShares Short 20+ Year Treasury in the third quarter worth $268,000. Worth Asset Management LLC purchased a new position in shares of ProShares Short 20+ Year Treasury in the third quarter worth $282,000. Finally, Walser Wealth Management Company A Ltd Liability Co bought a new position in shares of ProShares Short 20+ Year Treasury during the first quarter valued at $282,000.

ProShares Short 20+ Year Treasury Stock Performance

ProShares Short 20+ Year Treasury stock traded down $0.05 during mid-day trading on Friday, reaching $25.51. The stock had a trading volume of 224,827 shares, compared to its average volume of 186,192. The company has a 50-day moving average price of $25.93 and a two-hundred day moving average price of $24.80. ProShares Short 20+ Year Treasury has a one year low of $23.24 and a one year high of $27.21.

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.