ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Short Interest Update

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,086 shares, an increase of 89.5% from the December 31st total of 1,101 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,454 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 4,454 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the shares of the stock are short sold.

ProShares UltraShort Lehman 7-10 Year Treasury Price Performance

NYSEARCA:PST traded up $0.01 during trading hours on Friday, hitting $22.31. 9,242 shares of the stock traded hands, compared to its average volume of 10,667. The firm has a 50 day moving average price of $22.10 and a 200 day moving average price of $22.24. ProShares UltraShort Lehman 7-10 Year Treasury has a fifty-two week low of $18.80 and a fifty-two week high of $24.58.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Susquehanna International Group LLP raised its stake in ProShares UltraShort Lehman 7-10 Year Treasury by 3.6% during the third quarter. Susquehanna International Group LLP now owns 39,628 shares of the company’s stock worth $877,000 after acquiring an additional 1,366 shares in the last quarter. Jane Street Group LLC lifted its position in ProShares UltraShort Lehman 7-10 Year Treasury by 155.3% during the 2nd quarter. Jane Street Group LLC now owns 35,341 shares of the company’s stock worth $798,000 after buying an additional 21,499 shares in the last quarter. Finally, Citadel Advisors LLC boosted its stake in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 1.9% during the 3rd quarter. Citadel Advisors LLC now owns 25,023 shares of the company’s stock worth $554,000 after acquiring an additional 464 shares during the period.

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.