Short Interest in ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Increases By 59.4%

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 52,929 shares, an increase of 59.4% from the November 30th total of 33,199 shares. Currently, 1.9% of the company’s stock are short sold. Based on an average trading volume of 77,333 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 77,333 shares, the short-interest ratio is presently 0.7 days. Currently, 1.9% of the company’s stock are short sold.

Institutional Trading of ProShares Short 20+ Year Treasury

A number of institutional investors have recently modified their holdings of TBF. Advisory Services Network LLC bought a new position in shares of ProShares Short 20+ Year Treasury during the 3rd quarter worth approximately $476,000. Citadel Advisors LLC acquired a new stake in ProShares Short 20+ Year Treasury in the third quarter valued at approximately $202,000. Shepherd Kaplan Krochuk LLC acquired a new stake in ProShares Short 20+ Year Treasury in the third quarter valued at approximately $407,000. Pettinga Financial Advisors LLC grew its holdings in ProShares Short 20+ Year Treasury by 36.5% in the third quarter. Pettinga Financial Advisors LLC now owns 18,900 shares of the company’s stock worth $448,000 after purchasing an additional 5,050 shares during the last quarter. Finally, Group One Trading LLC acquired a new position in shares of ProShares Short 20+ Year Treasury during the second quarter worth $73,000.

ProShares Short 20+ Year Treasury Price Performance

TBF stock traded up $0.09 during trading on Friday, reaching $23.94. 45,373 shares of the company traded hands, compared to its average volume of 120,212. The business has a 50 day simple moving average of $23.73 and a 200 day simple moving average of $24.10. ProShares Short 20+ Year Treasury has a 12 month low of $22.72 and a 12 month high of $25.73.

ProShares Short 20+ Year Treasury Company Profile

ProShares Short 20+ Year Treasury (the Fund) seeks daily investment results and interest income earned on cash and financial instruments, which correspond to the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index (the Index). The Fund seeks a return of -100% of the return of an index for a single day. The Barclays Capital 20+ Year U.S. Treasury Index includes all publicly issued, United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade, are fixed rate, and have more than $250 million par outstanding.