ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Shares Down 1.2% – Here’s What Happened

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) shares fell 1.2% during trading on Thursday . The company traded as low as $64.85 and last traded at $66.05. Approximately 11,043 shares were traded during trading, an increase of 36% from the average session volume of 8,109 shares. The stock had previously closed at $66.87.

ProShares UltraPro Short 20+ Year Treasury Stock Down 1.2%

The company has a market capitalization of $17.83 million, a P/E ratio of 5.18 and a beta of -1.57. The business has a 50 day simple moving average of $68.85 and a 200-day simple moving average of $67.10.

Institutional Trading of ProShares UltraPro Short 20+ Year Treasury

Large investors have recently modified their holdings of the company. Essex LLC acquired a new position in ProShares UltraPro Short 20+ Year Treasury during the 4th quarter valued at about $206,000. Jane Street Group LLC acquired a new stake in shares of ProShares UltraPro Short 20+ Year Treasury in the fourth quarter valued at approximately $466,000. Finally, Cim LLC increased its stake in shares of ProShares UltraPro Short 20+ Year Treasury by 7.1% in the fourth quarter. Cim LLC now owns 35,612 shares of the company’s stock valued at $2,384,000 after purchasing an additional 2,354 shares during the period. Institutional investors and hedge funds own 20.88% of the company’s stock.

ProShares UltraPro Short 20+ Year Treasury Company Profile

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.