ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) Stock Price Cross Above Two Hundred Day Moving Average of $30.41

ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $30.41 and traded as high as $35.42. ProShares UltraShort 20+ Year Treasury shares last traded at $35.40, with a volume of 1,583,984 shares.

ProShares UltraShort 20+ Year Treasury Stock Performance

The firm’s 50-day simple moving average is $32.28 and its 200 day simple moving average is $30.41.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC boosted its position in shares of ProShares UltraShort 20+ Year Treasury by 277.8% during the 4th quarter. Jane Street Group LLC now owns 954,151 shares of the exchange traded fund’s stock worth $31,010,000 after acquiring an additional 701,601 shares in the last quarter. Ardsley Advisory Partners LP bought a new position in ProShares UltraShort 20+ Year Treasury during the first quarter worth $16,776,000. Simplex Trading LLC bought a new position in ProShares UltraShort 20+ Year Treasury during the first quarter worth $6,141,000. Flow Traders U.S. LLC grew its holdings in ProShares UltraShort 20+ Year Treasury by 1,739.2% in the fourth quarter. Flow Traders U.S. LLC now owns 143,899 shares of the exchange traded fund’s stock worth $4,677,000 after purchasing an additional 136,075 shares during the period. Finally, AJ Wealth Strategies LLC grew its holdings in ProShares UltraShort 20+ Year Treasury by 93.6% in the first quarter. AJ Wealth Strategies LLC now owns 113,095 shares of the exchange traded fund’s stock worth $2,316,000 after purchasing an additional 54,685 shares during the period.

ProShares UltraShort 20+ Year Treasury Company Profile

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.