ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Short Interest Update

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,435 shares, a decrease of 84.3% from the April 15th total of 9,121 shares. Based on an average trading volume of 7,441 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are sold short.

ProShares UltraShort Lehman 7-10 Year Treasury Price Performance

Shares of NYSEARCA PST traded up $0.16 during mid-day trading on Tuesday, hitting $22.92. The stock had a trading volume of 3,260 shares, compared to its average volume of 12,577. The company has a 50 day moving average of $22.39 and a two-hundred day moving average of $22.16. ProShares UltraShort Lehman 7-10 Year Treasury has a twelve month low of $21.39 and a twelve month high of $24.15.

Institutional Investors Weigh In On ProShares UltraShort Lehman 7-10 Year Treasury

Several hedge funds have recently added to or reduced their stakes in the business. Susquehanna International Group LLP boosted its holdings in ProShares UltraShort Lehman 7-10 Year Treasury by 3.6% in the third quarter. Susquehanna International Group LLP now owns 39,628 shares of the company’s stock valued at $877,000 after purchasing an additional 1,366 shares during the last quarter. Citadel Advisors LLC boosted its holdings in ProShares UltraShort Lehman 7-10 Year Treasury by 1.9% in the third quarter. Citadel Advisors LLC now owns 25,023 shares of the company’s stock valued at $554,000 after purchasing an additional 464 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in ProShares UltraShort Lehman 7-10 Year Treasury by 155.3% in the second quarter. Jane Street Group LLC now owns 35,341 shares of the company’s stock valued at $798,000 after purchasing an additional 21,499 shares during the last quarter.

About ProShares UltraShort Lehman 7-10 Year Treasury

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