ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) Share Price Cross Above Two Hundred Day Moving Average of $35.14

ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $35.14 and traded as high as $37.96. ProShares UltraShort 20+ Year Treasury shares last traded at $37.90, with a volume of 530,240 shares.

ProShares UltraShort 20+ Year Treasury Trading Down 1.0 %

The business’s 50 day simple moving average is $34.67 and its 200 day simple moving average is $35.14.

Institutional Investors Weigh In On ProShares UltraShort 20+ Year Treasury

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pathstone Family Office LLC boosted its stake in ProShares UltraShort 20+ Year Treasury by 0.8% during the third quarter. Pathstone Family Office LLC now owns 69,057 shares of the exchange traded fund’s stock worth $2,708,000 after buying an additional 560 shares during the period. Headlands Technologies LLC purchased a new position in ProShares UltraShort 20+ Year Treasury during the third quarter worth $66,000. Tower Research Capital LLC TRC purchased a new position in ProShares UltraShort 20+ Year Treasury during the fourth quarter worth $53,000. EP Wealth Advisors LLC purchased a new position in ProShares UltraShort 20+ Year Treasury during the third quarter worth $214,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury during the third quarter valued at $217,000.

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.