ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) Sees Significant Growth in Short Interest

ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 66,709 shares, an increase of 90.1% from the May 31st total of 35,100 shares. Based on an average trading volume of 39,966 shares, the short-interest ratio is currently 1.7 days. Approximately 1.6% of the company’s shares are short sold.

Institutional Investors Weigh In On ProShares Ultra 20+ Year Treasury

Several institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC grew its holdings in ProShares Ultra 20+ Year Treasury by 9.4% in the 1st quarter. Jane Street Group LLC now owns 17,404 shares of the company’s stock worth $316,000 after acquiring an additional 1,490 shares during the last quarter. Innova Wealth Partners boosted its holdings in shares of ProShares Ultra 20+ Year Treasury by 8.0% during the third quarter. Innova Wealth Partners now owns 14,423 shares of the company’s stock worth $249,000 after purchasing an additional 1,064 shares during the period. PMV Capital Advisers LLC grew its stake in shares of ProShares Ultra 20+ Year Treasury by 14.5% in the fourth quarter. PMV Capital Advisers LLC now owns 47,678 shares of the company’s stock worth $789,000 after purchasing an additional 6,052 shares during the last quarter. Capital Investment Counsel Inc bought a new stake in shares of ProShares Ultra 20+ Year Treasury in the fourth quarter worth about $149,000. Finally, Royal Bank of Canada increased its holdings in ProShares Ultra 20+ Year Treasury by 23.1% during the 1st quarter. Royal Bank of Canada now owns 4,615 shares of the company’s stock valued at $75,000 after purchasing an additional 867 shares during the period.

ProShares Ultra 20+ Year Treasury Price Performance

ProShares Ultra 20+ Year Treasury stock traded down $0.19 during trading hours on Wednesday, reaching $16.12. The company had a trading volume of 140,355 shares, compared to its average volume of 85,543. ProShares Ultra 20+ Year Treasury has a 12-month low of $15.00 and a 12-month high of $18.48. The company has a 50-day moving average price of $16.09 and a 200 day moving average price of $16.56.

ProShares Ultra 20+ Year Treasury Company Profile

ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index includes all publicly issued, United States Treasury securities.