ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Trading Up 0.5% – Here’s Why

Shares of ProShares Short 20+ Year Treasury (NYSEARCA:TBF) traded up 0.5% during mid-day trading on Friday . The company traded as high as $24.27 and last traded at $24.16. 148,913 shares were traded during mid-day trading, a decline of 45% from the average session volume of 269,892 shares. The stock had previously closed at $24.04.

ProShares Short 20+ Year Treasury Stock Up 0.5 %

The firm has a 50 day moving average price of $22.85 and a two-hundred day moving average price of $23.23.

Institutional Trading of ProShares Short 20+ Year Treasury

A number of institutional investors have recently bought and sold shares of the business. Jane Street Group LLC lifted its holdings in shares of ProShares Short 20+ Year Treasury by 86.8% in the third quarter. Jane Street Group LLC now owns 154,405 shares of the company’s stock valued at $3,417,000 after purchasing an additional 71,727 shares in the last quarter. Caldwell Investment Management Ltd. acquired a new position in ProShares Short 20+ Year Treasury during the 2nd quarter worth approximately $1,184,000. Bordeaux Wealth Advisors LLC acquired a new position in ProShares Short 20+ Year Treasury during the 2nd quarter worth approximately $357,000. Evergreen Capital Management LLC bought a new position in shares of ProShares Short 20+ Year Treasury during the 2nd quarter worth approximately $207,000. Finally, Diversify Advisory Services LLC lifted its position in shares of ProShares Short 20+ Year Treasury by 16.3% in the second quarter. Diversify Advisory Services LLC now owns 25,019 shares of the company’s stock worth $589,000 after purchasing an additional 3,512 shares in the last quarter.

About ProShares Short 20+ Year Treasury

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.