Short Interest in ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Decreases By 49.6%

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 1,101 shares, a decline of 49.6% from the December 15th total of 2,184 shares. Based on an average daily volume of 5,257 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 5,257 shares, the short-interest ratio is presently 0.2 days.

ProShares UltraShort Lehman 7-10 Year Treasury Stock Performance

Shares of NYSEARCA PST traded up $0.19 during mid-day trading on Friday, reaching $22.28. The company had a trading volume of 31,550 shares, compared to its average volume of 6,868. ProShares UltraShort Lehman 7-10 Year Treasury has a 1-year low of $18.80 and a 1-year high of $24.58. The company has a 50-day moving average price of $22.04 and a two-hundred day moving average price of $22.29.

Hedge Funds Weigh In On ProShares UltraShort Lehman 7-10 Year Treasury

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC lifted its holdings in ProShares UltraShort Lehman 7-10 Year Treasury by 1.9% in the 3rd quarter. Citadel Advisors LLC now owns 25,023 shares of the company’s stock worth $554,000 after purchasing an additional 464 shares during the last quarter. Jane Street Group LLC lifted its position in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 155.3% in the 2nd quarter. Jane Street Group LLC now owns 35,341 shares of the company’s stock worth $798,000 after acquiring an additional 21,499 shares during the period. Finally, Susquehanna International Group LLP raised its stake in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 3.6% in the 3rd quarter. Susquehanna International Group LLP now owns 39,628 shares of the company’s stock valued at $877,000 after buying an additional 1,366 shares in 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.