ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Trading Up 1.1% – Here’s What Happened

Shares of ProShares Short 20+ Year Treasury (NYSEARCA:TBF) rose 1.1% on Friday . The stock traded as high as $24.36 and last traded at $24.32. Approximately 69,280 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 122,687 shares. The stock had previously closed at $24.06.

ProShares Short 20+ Year Treasury Stock Performance

The business has a 50 day moving average price of $23.61 and a two-hundred day moving average price of $24.17.

Institutional Investors Weigh In On ProShares Short 20+ Year Treasury

A number of large investors have recently added to or reduced their stakes in the company. Group One Trading LLC purchased a new position in shares of ProShares Short 20+ Year Treasury in the second quarter valued at about $73,000. Citadel Advisors LLC purchased a new stake in shares of ProShares Short 20+ Year Treasury during the third quarter worth about $202,000. Pettinga Financial Advisors LLC bought a new stake in shares of ProShares Short 20+ Year Treasury in the second quarter worth about $335,000. Worth Asset Management LLC purchased a new position in ProShares Short 20+ Year Treasury during the 2nd quarter valued at about $365,000. Finally, Shepherd Kaplan Krochuk LLC purchased a new position in ProShares Short 20+ Year Treasury during the 3rd quarter valued at about $407,000.

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.