Short Interest in ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Expands By 76.6%

ProShares Short 20+ Year Treasury (NYSEARCA:TBF) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 74,124 shares, a growth of 76.6% from the January 29th total of 41,966 shares. Based on an average daily trading volume, of 118,098 shares, the short-interest ratio is presently 0.6 days. Approximately 2.6% of the company’s stock are short sold. Approximately 2.6% of the company’s stock are short sold. Based on an average daily trading volume, of 118,098 shares, the short-interest ratio is presently 0.6 days.

ProShares Short 20+ Year Treasury Trading Down 0.4%

Shares of NYSEARCA:TBF opened at $23.28 on Monday. The business’s 50-day simple moving average is $23.90 and its 200 day simple moving average is $23.88. ProShares Short 20+ Year Treasury has a one year low of $22.72 and a one year high of $25.73.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TBF. Jane Street Group LLC grew its holdings in ProShares Short 20+ Year Treasury by 181.6% during the 2nd quarter. Jane Street Group LLC now owns 183,586 shares of the company’s stock valued at $4,437,000 after purchasing an additional 118,386 shares in the last quarter. LPL Financial LLC purchased a new position in ProShares Short 20+ Year Treasury in the 4th quarter valued at about $1,112,000. JPMorgan Chase & Co. boosted its position in ProShares Short 20+ Year Treasury by 264,650.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 31,770 shares of the company’s stock valued at $768,000 after buying an additional 31,758 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury during the third quarter valued at about $476,000. Finally, Royal Bank of Canada purchased a new stake in shares of ProShares Short 20+ Year Treasury during the first quarter worth about $416,000.

About ProShares Short 20+ Year Treasury

ProShares Short 20+ Year Treasury (the Fund) seeks daily investment results and interest income earned on cash and financial instruments, which correspond to the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index (the Index). The Fund seeks a return of -100% of the return of an index for a single day. The Barclays Capital 20+ Year U.S. Treasury Index includes all publicly issued, 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, are fixed rate, and have more than $250 million par outstanding.