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

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 37,774 shares, a decrease of 45.7% from the December 31st total of 69,572 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 78,152 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 78,152 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.4% of the shares of the company are short sold.

Hedge Funds Weigh In On ProShares Short 20+ Year Treasury

A number of institutional investors have recently added to or reduced their stakes in the company. Pettinga Financial Advisors LLC acquired a new stake in ProShares Short 20+ Year Treasury during the 2nd quarter valued at $335,000. Stratos Wealth Partners LTD. boosted its position in shares of ProShares Short 20+ Year Treasury by 130.8% in the second quarter. Stratos Wealth Partners LTD. now owns 93,195 shares of the company’s stock worth $2,253,000 after buying an additional 52,815 shares during the period. Advisory Services Network LLC purchased a new position in shares of ProShares Short 20+ Year Treasury during the third quarter valued at $476,000. Citadel Advisors LLC purchased a new position in shares of ProShares Short 20+ Year Treasury during the third quarter valued at $202,000. Finally, Group One Trading LLC acquired a new stake in ProShares Short 20+ Year Treasury during the 2nd quarter worth about $73,000.

ProShares Short 20+ Year Treasury Stock Up 0.5%

Shares of TBF stock traded up $0.13 during trading hours on Friday, hitting $24.21. The company’s stock had a trading volume of 108,991 shares, compared to its average volume of 98,045. The business has a fifty day moving average of $23.99 and a 200-day moving average of $24.00. ProShares Short 20+ Year Treasury has a twelve month low of $22.72 and a twelve month high of $25.73.

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.