ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Trading 0.3% Higher – Here’s Why

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT)’s share price traded up 0.3% on Monday . The stock traded as high as $79.42 and last traded at $78.61. 5,484 shares were traded during mid-day trading, a decline of 46% from the average session volume of 10,156 shares. The stock had previously closed at $78.41.

ProShares UltraPro Short 20+ Year Treasury Price Performance

The firm has a market cap of $31.76 million, a price-to-earnings ratio of 5.18 and a beta of -0.13. The firm’s fifty day moving average is $77.86 and its 200-day moving average is $75.47.

Institutional Investors Weigh In On ProShares UltraPro Short 20+ Year Treasury

An institutional investor recently raised its position in ProShares UltraPro Short 20+ Year Treasury stock. Jane Street Group LLC raised its position in ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) by 365.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,968 shares of the company’s stock after buying an additional 15,674 shares during the period. Jane Street Group LLC owned 5.81% of ProShares UltraPro Short 20+ Year Treasury worth $1,375,000 as of its most recent filing with the SEC. 20.88% of the stock is currently owned by institutional investors and hedge funds.

ProShares UltraPro Short 20+ Year Treasury Company Profile

The ProShares UltraPro Short 20+ Year Treasury (TTT) is an exchange-traded fund that is based on the U.S. Treasury 20+ Year index. The fund provides 3x inverse exposure, reset daily, to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years.