ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) Short Interest Down 34.1% in April

ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 33,504 shares, a decrease of 34.1% from the April 15th total of 50,864 shares. Based on an average trading volume of 49,600 shares, the short-interest ratio is currently 0.7 days. Approximately 0.8% of the shares of the stock are sold short.

ProShares Ultra 20+ Year Treasury Trading Down 1.1%

UBT stock traded down $0.17 on Tuesday, reaching $15.09. 67,347 shares of the company’s stock were exchanged, compared to its average volume of 94,720. The stock has a fifty day moving average of $16.34 and a 200-day moving average of $16.86. ProShares Ultra 20+ Year Treasury has a twelve month low of $15.00 and a twelve month high of $18.48.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of UBT. Jane Street Group LLC grew its holdings in ProShares Ultra 20+ Year Treasury by 9.4% during the first quarter. Jane Street Group LLC now owns 17,404 shares of the company’s stock worth $316,000 after acquiring an additional 1,490 shares during the period. Royal Fund Management LLC acquired a new position in ProShares Ultra 20+ Year Treasury during the third quarter worth $659,000. Envestnet Asset Management Inc. boosted its position in ProShares Ultra 20+ Year Treasury by 363.8% during the third quarter. Envestnet Asset Management Inc. now owns 115,254 shares of the company’s stock worth $1,990,000 after purchasing an additional 90,405 shares in the last quarter. Innova Wealth Partners boosted its position in ProShares Ultra 20+ Year Treasury by 8.0% during the third quarter. Innova Wealth Partners now owns 14,423 shares of the company’s stock worth $249,000 after purchasing an additional 1,064 shares in the last quarter. Finally, PMV Capital Advisers LLC boosted its position in ProShares Ultra 20+ Year Treasury by 14.5% during the fourth quarter. PMV Capital Advisers LLC now owns 47,678 shares of the company’s stock worth $789,000 after purchasing an additional 6,052 shares in the last quarter.

About ProShares Ultra 20+ Year Treasury

ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index includes all publicly issued, United States Treasury securities.