ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Stock Price Up 0.1% – Time to Buy?

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) rose 0.1% during trading on Thursday . The stock traded as high as $23.95 and last traded at $23.95. Approximately 406,854 shares were traded during trading, an increase of 134% from the average daily volume of 174,073 shares. The stock had previously closed at $23.93.

ProShares Short 20+ Year Treasury Price Performance

The business has a fifty day moving average of $24.53 and a 200-day moving average of $24.19.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Simplex Trading LLC bought a new stake in shares of ProShares Short 20+ Year Treasury during the fourth quarter worth about $68,000. Kestra Advisory Services LLC bought a new position in ProShares Short 20+ Year Treasury in the 4th quarter valued at about $72,000. Group One Trading LLC bought a new position in ProShares Short 20+ Year Treasury in the 2nd quarter valued at about $73,000. Royal Bank of Canada acquired a new position in ProShares Short 20+ Year Treasury during the 1st quarter valued at about $160,000. Finally, Mariner LLC acquired a new position in ProShares Short 20+ Year Treasury during the 4th quarter valued at about $201,000.

About ProShares Short 20+ Year Treasury

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. The Barclays Capital 20+ Year U.S. Treasury Index includes all publicly issued, United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade, are fixed rate, and have more than $250 million par outstanding.