ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Short Interest Up 330.6% in July

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 50,061 shares, a growth of 330.6% from the June 30th total of 11,627 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average trading volume of 125,633 shares, the short-interest ratio is currently 0.4 days.

ProShares Short 20+ Year Treasury Trading Down 0.2%

Shares of NYSEARCA TBF opened at $25.12 on Friday. The firm’s fifty day moving average is $24.62 and its two-hundred day moving average is $24.27. ProShares Short 20+ Year Treasury has a 52-week low of $23.01 and a 52-week high of $25.41.

Institutional Investors Weigh In On ProShares Short 20+ Year Treasury

A number of hedge funds have recently bought and sold shares of TBF. Jane Street Group LLC grew its stake in shares of ProShares Short 20+ Year Treasury by 181.6% in the 2nd quarter. Jane Street Group LLC now owns 183,586 shares of the company’s stock worth $4,437,000 after buying an additional 118,386 shares in the last quarter. Advisors Preferred LLC bought a new stake in shares of ProShares Short 20+ Year Treasury in the 1st quarter worth about $2,482,000. Stratos Wealth Partners LTD. increased its holdings in shares of ProShares Short 20+ Year Treasury by 0.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 93,865 shares of the company’s stock worth $2,264,000 after buying an additional 680 shares during the last quarter. LPL Financial LLC purchased a new stake in shares of ProShares Short 20+ Year Treasury during the 4th quarter valued at about $1,112,000. Finally, JPMorgan Chase & Co. raised its position in shares of ProShares Short 20+ Year Treasury by 264,650.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 31,770 shares of the company’s stock valued at $768,000 after buying an additional 31,758 shares in the last quarter.

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.