ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT – Get Free Report)’s stock price fell 2.3% on Wednesday . The stock traded as low as $66.60 and last traded at $66.83. 6,214 shares were traded during trading, a decline of 42% from the average session volume of 10,701 shares. The stock had previously closed at $68.38.
ProShares UltraPro Short 20+ Year Treasury Stock Performance
The company has a 50-day moving average of $67.71 and a 200-day moving average of $69.89. The firm has a market capitalization of $18.04 million, a price-to-earnings ratio of 5.18 and a beta of -1.61.
Institutional Investors Weigh In On ProShares UltraPro Short 20+ Year Treasury
Several large investors have recently made changes to their positions in TTT. Simplex Trading LLC acquired a new stake in shares of ProShares UltraPro Short 20+ Year Treasury during the second quarter worth $83,000. Essex LLC bought a new position in ProShares UltraPro Short 20+ Year Treasury during the 4th quarter worth about $206,000. Finally, Jane Street Group LLC increased its holdings in ProShares UltraPro Short 20+ Year Treasury by 365.0% during the 1st quarter. Jane Street Group LLC now owns 19,968 shares of the company’s stock worth $1,375,000 after purchasing an additional 15,674 shares in the last quarter. Institutional investors own 20.88% of the company’s stock.
About ProShares UltraPro Short 20+ Year Treasury
The ProShares UltraPro Short 20+ Year Treasury (TTT) is an exchange-traded fund that is based on the U.S. Treasury 20+ Year index. The fund provides 3x inverse exposure, reset daily, to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years. TTT was launched on Mar 27, 2012 and is managed by ProShares.
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