ProShares Ultra 20+ Year Treasury Shares Set to Reverse Split on Thursday, November 19th (NYSEARCA:UBT)

ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT)’s stock is set to reverse split on the morning of Thursday, November 19th. The 1-2 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, November 18th.

ProShares Ultra 20+ Year Treasury Stock Performance

UBT stock traded up $0.25 during trading on Wednesday, hitting $14.75. 45,851 shares of the stock traded hands, compared to its average volume of 83,879. ProShares Ultra 20+ Year Treasury has a 1 year low of $12.83 and a 1 year high of $17.98. The firm’s 50 day moving average is $14.24 and its two-hundred day moving average is $15.69.

Institutional Trading of ProShares Ultra 20+ Year Treasury

A hedge fund recently bought a new stake in ProShares Ultra 20+ Year Treasury stock. Vision Financial Markets LLC purchased a new position in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,300 shares of the company’s stock, valued at approximately $150,000. Vision Financial Markets LLC owned 0.23% of ProShares Ultra 20+ Year Treasury as of its most recent SEC filing.

ProShares Ultra 20+ Year Treasury Company Profile

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.