ProShares Short 7-10 Treasury (NYSEARCA:TBX) Short Interest Up 200.0% in August

ProShares Short 7-10 Treasury (NYSEARCA:TBX) was the target of a significant increase in short interest in August. As of August 15th, there was short interest totaling 1,500 shares, anincreaseof200.0% from the July 31st total of 500 shares. Based on an average daily volume of 8,700 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 8,700 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of ProShares Short 7-10 Treasury

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in shares of ProShares Short 7-10 Treasury by 18.6% during the second quarter. Jane Street Group LLC now owns 25,062 shares of the exchange traded fund’s stock worth $706,000 after purchasing an additional 3,925 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of ProShares Short 7-10 Treasury by 4,280.9% in the 1st quarter. Royal Bank of Canada now owns 21,510 shares of the exchange traded fund’s stock valued at $606,000 after purchasing an additional 21,019 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its stake in ProShares Short 7-10 Treasury by 5.9% during the first quarter. Flow Traders U.S. LLC now owns 19,057 shares of the exchange traded fund’s stock worth $537,000 after acquiring an additional 1,060 shares in the last quarter.

ProShares Short 7-10 Treasury Stock Down 0.3%

TBX stock opened at $28.20 on Thursday. The business has a 50-day simple moving average of $28.37 and a 200 day simple moving average of $28.52. ProShares Short 7-10 Treasury has a 52 week low of $27.37 and a 52 week high of $30.16.

ProShares Short 7-10 Treasury Company Profile

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.