Investors Purchase High Volume of ProShares UltraShort 20+ Year Treasury Call Options (NYSEARCA:TBT)

ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) was the recipient of unusually large options trading on Monday. Stock investors purchased 4,478 call options on the stock. This is an increase of approximately 39% compared to the typical volume of 3,219 call options.

Institutional Investors Weigh In On ProShares UltraShort 20+ Year Treasury

A number of large investors have recently added to or reduced their stakes in TBT. Camelot Technology Advisors Inc. lifted its position in ProShares UltraShort 20+ Year Treasury by 1.1% during the fourth quarter. Camelot Technology Advisors Inc. now owns 25,883 shares of the exchange traded fund’s stock valued at $948,000 after buying an additional 271 shares during the period. Auour Investments LLC increased its stake in shares of ProShares UltraShort 20+ Year Treasury by 6.9% in the 4th quarter. Auour Investments LLC now owns 6,411 shares of the exchange traded fund’s stock worth $234,000 after acquiring an additional 413 shares in the last quarter. Verity Asset Management Inc. lifted its position in ProShares UltraShort 20+ Year Treasury by 1.8% during the 1st quarter. Verity Asset Management Inc. now owns 28,445 shares of the exchange traded fund’s stock valued at $957,000 after acquiring an additional 504 shares during the period. JPMorgan Chase & Co. boosted its stake in ProShares UltraShort 20+ Year Treasury by 321.2% during the fourth quarter. JPMorgan Chase & Co. now owns 796 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 607 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its stake in ProShares UltraShort 20+ Year Treasury by 7.1% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 18,618 shares of the exchange traded fund’s stock worth $682,000 after acquiring an additional 1,234 shares in the last quarter.

ProShares UltraShort 20+ Year Treasury Price Performance

ProShares UltraShort 20+ Year Treasury stock opened at $37.18 on Tuesday. The firm has a fifty day simple moving average of $35.22 and a two-hundred day simple moving average of $35.18. ProShares UltraShort 20+ Year Treasury has a twelve month low of $28.00 and a twelve month high of $38.98.

ProShares UltraShort 20+ Year Treasury Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were issued a $0.2549 dividend. The ex-dividend date was Wednesday, March 26th.

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.