Short Interest in ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Grows By 354.5%

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,000 shares, an increase of 354.5% from the August 31st total of 1,100 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 3,900 shares, the short-interest ratio is presently 1.3 days.

Hedge Funds Weigh In On ProShares UltraShort Lehman 7-10 Year Treasury

An institutional investor recently raised its position in ProShares UltraShort Lehman 7-10 Year Treasury stock. Jane Street Group LLC increased its stake in ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) by 155.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,341 shares of the company’s stock after acquiring an additional 21,499 shares during the quarter. Jane Street Group LLC owned about 5.89% of ProShares UltraShort Lehman 7-10 Year Treasury worth $798,000 at the end of the most recent reporting period.

ProShares UltraShort Lehman 7-10 Year Treasury Stock Performance

NYSEARCA PST opened at $22.03 on Thursday. ProShares UltraShort Lehman 7-10 Year Treasury has a twelve month low of $18.80 and a twelve month high of $25.03. The stock has a fifty day simple moving average of $22.48 and a 200 day simple moving average of $22.93.

About ProShares UltraShort Lehman 7-10 Year Treasury

ProShares UltraShort 7-10 Year Treasury seeks daily investment results, which correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index. The Barclays Capital 7-10 Year U.S. Treasury Index includes all publicly issued, the United States Treasury securities, which have a remaining maturity of between seven and 10 years, are non-convertible and are denominated in the United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P) and are fixed rate.