ProShares Short 7-10 Treasury (NYSEARCA:TBX) Shares Climb 0.1% – Here’s Why

ProShares Short 7-10 Treasury (NYSEARCA:TBX – Get Free Report) shares were up 0.1% on Wednesday. The company traded as high as $29.42 and last traded at $29.38. 3,048 shares traded hands during trading, a decline of 85% from the average daily volume of 20,393 shares. The stock had previously closed at $29.36.

ProShares Short 7-10 Treasury Price Performance

The company’s 50-day simple moving average is $29.45 and its 200-day simple moving average is $28.59.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in ProShares Short 7-10 Treasury stock. Citadel Advisors LLC bought a new position in shares of ProShares Short 7-10 Treasury (NYSEARCA:TBX – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 63,122 shares of the exchange traded fund’s stock, valued at approximately $1,786,000. Citadel Advisors LLC owned 8.65% of ProShares Short 7-10 Treasury at the end of the most recent reporting period.

ProShares Short 7-10 Treasury Company Profile

(Get Free Report)

The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.

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