ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Trading Down 0.2% – Should You Sell?

Shares of ProShares Short 20+ Year Treasury (NYSEARCA:TBFGet Free Report) were down 0.2% on Thursday . The stock traded as low as $24.48 and last traded at $24.54. Approximately 223,880 shares changed hands during mid-day trading, an increase of 38% from the average daily volume of 162,532 shares. The stock had previously closed at $24.60.

ProShares Short 20+ Year Treasury Price Performance

The firm has a 50 day moving average price of $24.48 and a two-hundred day moving average price of $24.12.

Institutional Investors Weigh In On ProShares Short 20+ Year Treasury

Institutional investors and hedge funds have recently made changes to their positions in the stock. Simplex Trading LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury in the fourth quarter valued at about $68,000. Kestra Advisory Services LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury in the fourth quarter valued at about $72,000. Group One Trading LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury in the second quarter valued at about $73,000. Royal Bank of Canada acquired a new stake in shares of ProShares Short 20+ Year Treasury in the first quarter valued at about $160,000. Finally, Mariner LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury in the fourth quarter valued at about $201,000.

About ProShares Short 20+ Year Treasury

(Get Free Report)

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.

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