ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Short Interest Up 69.4% in December

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,184 shares, an increase of 69.4% from the November 30th total of 1,289 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 5,772 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 5,772 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the shares of the company are sold short.

ProShares UltraShort Lehman 7-10 Year Treasury Trading Up 0.3%

NYSEARCA:PST traded up $0.06 on Tuesday, hitting $21.92. The stock had a trading volume of 494 shares, compared to its average volume of 9,437. The business’s 50-day simple moving average is $21.99 and its two-hundred day simple moving average is $22.38. ProShares UltraShort Lehman 7-10 Year Treasury has a 52-week low of $18.80 and a 52-week high of $25.03.

Institutional Trading of ProShares UltraShort Lehman 7-10 Year Treasury

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC grew its position 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 valued at $554,000 after acquiring an additional 464 shares during the period. Jane Street Group LLC lifted its position in ProShares UltraShort Lehman 7-10 Year Treasury by 155.3% during the second quarter. Jane Street Group LLC now owns 35,341 shares of the company’s stock valued at $798,000 after purchasing an additional 21,499 shares in the last quarter. Finally, Susquehanna International Group LLP grew its holdings 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 valued at $877,000 after purchasing an additional 1,366 shares during the period.

ProShares UltraShort Lehman 7-10 Year Treasury Company Profile

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.