ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Short Interest Up 36.1% in February

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 5,113 shares, a growth of 36.1% from the February 12th total of 3,756 shares. Based on an average daily volume of 11,992 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.0% of the shares of the stock are sold short. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily volume of 11,992 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Susquehanna International Group LLP lifted its position in ProShares UltraShort Lehman 7-10 Year Treasury by 3.6% during 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. Jane Street Group LLC raised its holdings in ProShares UltraShort Lehman 7-10 Year Treasury by 155.3% during the 2nd quarter. Jane Street Group LLC now owns 35,341 shares of the company’s stock valued at $798,000 after buying an additional 21,499 shares during the period. Finally, Citadel Advisors LLC boosted its stake in ProShares UltraShort Lehman 7-10 Year Treasury by 1.9% during the third quarter. Citadel Advisors LLC now owns 25,023 shares of the company’s stock worth $554,000 after buying an additional 464 shares during the period.

ProShares UltraShort Lehman 7-10 Year Treasury Trading Up 0.3%

Shares of ProShares UltraShort Lehman 7-10 Year Treasury stock traded up $0.07 on Friday, hitting $22.44. 10,696 shares of the company traded hands, compared to its average volume of 12,198. The business has a 50-day simple moving average of $22.04 and a 200 day simple moving average of $22.04. ProShares UltraShort Lehman 7-10 Year Treasury has a 52 week low of $18.80 and a 52 week high of $24.42.

ProShares UltraShort Lehman 7-10 Year Treasury Company Profile

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.