ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) Shares Gap Up to $34.25

ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBTGet Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $34.25, but opened at $34.96. ProShares UltraShort 20+ Year Treasury shares last traded at $35.10, with a volume of 69,342 shares changing hands.

ProShares UltraShort 20+ Year Treasury Stock Up 0.1 %

The firm has a fifty day moving average of $33.53 and a 200-day moving average of $35.41.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC raised its holdings in ProShares UltraShort 20+ Year Treasury by 277.8% in the 4th quarter. Jane Street Group LLC now owns 954,151 shares of the exchange traded fund’s stock valued at $31,010,000 after acquiring an additional 701,601 shares in the last quarter. CastleKnight Management LP grew its position in shares of ProShares UltraShort 20+ Year Treasury by 65.5% in the 4th quarter. CastleKnight Management LP now owns 315,000 shares of the exchange traded fund’s stock valued at $9,513,000 after buying an additional 124,700 shares during the last quarter. Simplex Trading LLC grew its position in shares of ProShares UltraShort 20+ Year Treasury by 1,566.5% in the 3rd quarter. Simplex Trading LLC now owns 294,045 shares of the exchange traded fund’s stock valued at $11,532,000 after buying an additional 276,401 shares during the last quarter. Flow Traders U.S. LLC grew its position in shares of ProShares UltraShort 20+ Year Treasury by 1,739.2% in the 4th quarter. Flow Traders U.S. LLC now owns 143,899 shares of the exchange traded fund’s stock valued at $4,677,000 after buying an additional 136,075 shares during the last quarter. Finally, Camarda Financial Advisors LLC grew its position in shares of ProShares UltraShort 20+ Year Treasury by 128.8% in the 3rd quarter. Camarda Financial Advisors LLC now owns 133,440 shares of the exchange traded fund’s stock valued at $5,234,000 after buying an additional 75,115 shares during the last quarter.

About ProShares UltraShort 20+ Year Treasury

(Get Free Report)

ProShares UltraShort 20+ Year Treasury (the Fund), formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index (the Index). The Index includes all publicly issued, the 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 (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.

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